HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy for November 8-14, 2020, slipped further from previous weeks, according to the latest data from STR.
U.S. Hotel Industry Performance
Nov. 8-14, 2020 vs. Nov. 10-16, 2019
Occupancy: 43.2% (-32.7%)
ADR: $90.58 (-28.6%)
RevPAR: $39.11 (-52.0%)
During the week of November 8-14, 2020, occupancy dropped 32.7 percent year over year to 43.2 percent, average daily rate (ADR) fell 28.6 percent year over year to $90.58, and revenue per available room (RevPAR) declined 52 percent year over year to $39.11.
After ranging between 48 percent and 50 percent occupancy from mid-July into the latter portion of October, the last three weeks have produced lower levels: 44.4 percent for the week of October 25-31, 44.1 percent for the week of November 1-7, and 43.2 percent for the week of November 8-14.
Aggregate data for the Top 25 Markets showed lower occupancy (39.7 percent) but higher ADR ($96.31) than all other markets during the week of November 8-14, 2020. With occupancy at 52.7 percent, Phoenix, Arizona, was the only Top 25 Market to reach or surpass 50 percent occupancy.
Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (24 percent), and Chicago, Illinois (29.3 percent).