September 20, 2021
US Hotel Occupancy Drops Slightly from Past Week – STR

U.S. hotel performance for the week ended September 11 slightly declined from the previous week, but performance levels were solid on an absolute basis amid...

US Hotel Occupancy Drops Slightly from Past Week – STR

September 20, 2021 | S&P Global Market Intelligence

U.S. hotel performance for the week ended September 11 slightly declined from the previous week, but performance levels were solid on an absolute basis amid the Labor Day and Rosh Hashanah holidays during the week, according to data from STR, which tracks the hospitality industry.

Occupancy, when measured against the comparable week in 2019, reached 60.0%, down 13.6%. Average daily rate (ADR) hit $130.82 and revenue per available room (RevPAR) for the week was at $78.46, reflecting declines of 1.4% and 14.8%, respectively.

Of the top 25 markets, Tampa, Fla., saw the highest occupancy gain, up 0.3% to 61.5%, compared to the same week in 2019. San Francisco/San Mateo, Calif., recorded the biggest drop in occupancy at 49.4%, down 44.6%.

Miami posted the biggest ADR growth at $171.02, up 30.4%. San Francisco/San Mateo reported the largest RevPAR deficits, down 64.6% at $80.64, followed by Washington, D.C., at $62.26, representing a 55.8% drop.

Recent

Most Popular

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 10-3-2023 Blue Vault wishes to acknowledge and apologize for the delay in publishing some Q2 2023 NTR Individual Performance Pages (IPPs) as well as the full review. We recently added additional reporting metrics to our IPPs, and that, combined with coverage of all share classes and some additional…
Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update

Blue Vault Q2 2023 Performance Reports Update 9-25-2023 Blue Vault has published the Q2 2023 Nontraded BDC Industry Review as well as Individual Performance Report and Limited Operations pages for the following offerings (newly published pages in bold font): Nontraded REITS American Healthcare REIT Q2 2023 Apollo Realty Income Solutions Q2 2023 (limited operations) Ares…

Explore

Blue Vault Logo
Don’t miss alts news
and educational events

Subscribe Now