4Hoteliers
SEARCH
SHARE THIS PAGE
NEWSLETTERS
CONTACT US
SUBMIT CONTENT
ADVERTISING
STR: US hotel results for week ending 5 June
Monday, 14th June 2021
Source : STR

US weekly hotel performance remained relatively flat from the previous week but still reached pandemic-era highs, according to STR‘s latest data through 5 June.

30 May through 5 June 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 61.9% (-14.0%)
  • Average daily rate (ADR): US$123.49 (-6.7%)
  • Revenue per available room (RevPAR): US$76.44 (-19.7%)

Each of the three key performance metrics were the highest of the pandemic era.

Among the Top 25 Markets, Miami saw the largest increases over 2019 across each of the three key performance metrics: occupancy (+9.0% to 77.1%), ADR (+69.1% to US$257.24) and RevPAR (+84.2% to US$198.30).

Tampa reported the second-largest increases over 2019 in both ADR (+21.8% to US$148.13) and RevPAR (+23.7% to US$109.96). Boston saw the steepest decline in occupancy when compared with 2019 (-45.2% to 47.7%). 

The largest RevPAR deficits were in Boston (-69.0% to US$64.57) and San Francisco/San Mateo (-68.1% to US$70.28).

*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.

STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com

 Latest News  (Click title to read article)




 Latest Articles  (Click title to read)




 Most Read Articles  (Click title to read)




~ Important Notice ~
Articles appearing on 4Hoteliers contain copyright material. They are meant for your personal use and may not be reproduced or redistributed. While 4Hoteliers makes every effort to ensure accuracy, we can not be held responsible for the content nor the views expressed, which may not necessarily be those of either the original author or 4Hoteliers or its agents.
© Copyright 4Hoteliers 2001-2021 ~ unless stated otherwise, all rights reserved.
You can read more about 4Hoteliers and our company here
Use of this web site is subject to our
terms & conditions of service and privacy policy