The U.S. hotel industry posted its highest demand and occupancy levels since the beginning of the pandemic, according to STR‘s latest data through 10 April 2021.
4-10 April 2021:
- Occupancy: 59.7%
- Average daily rate (ADR): US$112.22
- Revenue per available room (RevPAR): US$66.99
Reflecting the country’s almost 2-point improvement in occupancy from the previous week, more than 50% of properties posted a weekly occupancy above 60%. Additional insights are available in STR’s Market Recovery Monitor.
Among the Top 25 Markets, Tampa (83.7%) and Miami (74.1%) experienced the highest occupancy levels. The lowest Top 25 occupancy levels came in Minneapolis (40.0%) and Boston (40.7%).
Aggregate data for the Top 25 Markets showed slightly lower occupancy (57.5%) but higher ADR (US$119.86) than all other markets.