Finance & DevelopmentFinanceSTR: U.S. Thanksgiving Week Performance Records Highest Levels

STR: U.S. Thanksgiving Week Performance Records Highest Levels

HENDERSONVILLE, Tennessee—U.S. hotel performance came in higher than any other Thanksgiving week on record, according to STR’s latest data through November 27, 2021.

U.S. Hotel Performance

November 21-27, 2021

Percentage change from comparable 2019 week:
Occupancy: 53.0 percent (up 4.6 percent)
ADR: $128.41 (up 14.3 percent)
RevPAR: $68.00 (up 19.6 percent)

Among the Top 25 Markets, Dallas saw the largest occupancy increase over 2019 (up 12.2 percent to 54.8 percent).

Oahu Island experienced the steepest occupancy decline from 2019 (down 25.3 percent to 58.5 percent).

Phoenix reported the largest ADR increase when compared with 2019 (up 35.1 percent to $143.30).

None of the Top 25 Markets posted a lower ADR decline than the 2019 comparable.

The largest RevPAR deficits were in Oahu Island (up 20.7 percent to $147.63) and San Francisco/San Mateo (down 18.1 percent to $76.37).

RELATED ARTICLES

Dreamscape Hospitality Assumes Management of Three Hotels in Houston

HOUSTON, Texas—Dreamscape Hospitality announced that it has assumed management of three hotels in Houston, Texas. "We are excited to deepen our presence in Texas through...

Hilton Announces Plans to Debut Spark by Hilton in Puerto Rico

PONCE, Puerto Rico, and MIAMI, Florida—Hilton announced the signing of Spark by Hilton Ponce, marking the upcoming debut of the brand in the Caribbean...

Wyndham Announces Partnership With Cygnett

DELHI—Wyndham Hotels & Resorts announced a new strategic alliance with Cygnett Hotels & Resorts that will not only introduce its La Quinta by Wyndham...

New Pyramid Global Hospitality COO Continues Focus on Big Data to Benefit Owners

Pyramid Global Hospitality Chief Operating Officer Eric Habermann retired in April following seven years with the company and a nearly 40-year career in hospitality....

Grand Hyatt Kauai Resort & Spa Launches Scholarship Program

Grand Hyatt Kauai Resort & Spa, a 605-room resort, announced the launch of a scholarship program to support the continued education of its colleagues...

Hilton Surpasses 500 Hotels in Florida

MCLEAN, Virginia, and MIAMI, Florida—Hilton announced a major milestone as the company surpassed 500 open hotels across Florida. This growth was fueled in part...