STR: U.S. Weekly Hotel Occupancy Drops to Lowest Level Since Early May 2020

December 2020

HENDERSONVILLE, Tennessee — U.S. weekly hotel occupancy fell to its lowest level since early May, according to STR’s data for the week of December 20-26, 2020.

U.S. Hotel Industry Performance

Dec. 20-26, 2020 vs. Dec. 22-28, 2019

 

Occupancy: 32.5% (-33.0%)
ADR: $92.08 (-28.8%)
RevPAR: $29.94 (-52.3%)

Compared to the week of December 22-28, 2019, occupancy for the week of Christmas 2020 dropped 33 percent year over year to a level of 32.5 percent. Average daily rate (ADR) fell 28.8 percent year over year to $92.08 and revenue per available room (RevPAR) declined 52.3 percent to $29.94 for the week.

The previous week, the industry surpassed one billion unsold room nights for the first time on record.

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Aggregate data for the Top 25 Markets showed identical occupancy (32.5 percent) for the week of December 20-26, 2020, but higher ADR ($94.36) than all other markets. Among the Top 25 Markets, Miami/Hialeah, Florida, saw the highest occupancy level at 47.5 percent. Top 25 Markets with the lowest occupancy levels for the week included Minneapolis/St. Paul, Minnesota-Wisconsin (22.3 percent), and Boston, Massachusetts (23.5 percent).

 


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