US hotel occupancy dipped a percentage point week over week, while room rates rose slightly, according to STR‘s latest data through 23 October.
17-23 October 2021 (percentage change from comparable week in 2019*):
- Occupancy: 63.9% (-9.1%)
- Average daily rate (ADR): US$134.14 (-0.6%)
- Revenue per available room (RevPAR): US$85.74 (-9.6%)
While none of the Top 25 Markets recorded an occupancy increase over 2019, Tampa came closest to its 2019 comparable (-3.1% to 68.5%). The market also reported the largest increases in ADR (+16.1% to US$138.33) and RevPAR (+12.6% to US$94.71) when compared with 2019.
Two markets matched for the steepest occupancy decline from 2019: Oahu Island (-39.7% to 49.6%) and San Francisco/San Mateo (-39.7% to 53.0%).
The largest RevPAR deficits were in San Francisco/San Mateo (-58.9% to US$92.26) and Washington, D.C. (-49.9% to US$81.21).
*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.
