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U.S. Hotel RevPAR Falls 50.1%, Occupancy Down 30.6% Week Ended January 23

February 2, 2021

U.S. Hotel RevPAR Falls 50.1%, Occupancy Down 30.6% Week Ended January 23

January 29, 2021

U.S. hotel occupancy in the week ended January 23 stayed flat week over week but fell 30.6% on a yearly basis to 40.0% amid the pandemic, according to STR, which tracks the hospitality industry.

Year over year, revenue per available room and average daily rate for the week declined 50.1% and 28.1% to $36.07 and $90.13, respectively.

Washington, D.C.-Md.-Va., registered the highest occupancy of the top 25 markets at 57.6%, courtesy of a slight gain from the presidential inauguration.

Oahu Island, Hawaii, and San Francisco/San Mateo, Calif., were among the markets with the lowest occupancy levels at 21.7% and 27.8%, respectively.

Source:  S&P Market Intelligence

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Loreen M. Gilbert, CIMA, AIF, CRC, CLTC – President, WealthWise Financial Services
Blue Vault
July 6, 2016

Our firm has been using Blue Vault from the first year it was available.

We have found it to be a valuable tool to verify what wholesalers tell us and to dig deep into how the reported investments are really performing.

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