The U.S. hotel industry showed slightly higher performance from the month prior, but at overall low levels during June 2020, according to data from STR.
In a year-over-year comparison with June 2019, the industry recorded the following:
- Occupancy: -42.5% to 42.2%
- Average daily rate (ADR): -31.5% to US$92.15
- Revenue per available room (RevPAR): -60.6% to US$38.88
The absolute occupancy and RevPAR levels were the lowest for any June on record in the U.S., but all three key performance metrics were up from May levels. July weekly data shows occupancy above 45% due to a slow and steady rise in demand that has flattened in recent weeks.
Among the Top 25 Markets, Oahu Island, Hawaii, experienced the steepest drop in occupancy (-82.4% to 15.4%), which resulted in the largest decrease in RevPAR (-88.2% to US$25.30).
Boston, Massachusetts, posted the steepest decline in ADR (-55.3% to US$102.58).
All of STR’s COVID-19 analysis can be found here.
