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U.S. hotel results for week ending 17 July

US hotel performance July 2021U.S. weekly hotel occupancy reached its highest level since October 2019, according to STR‘s latest data through 17 July. 

11-17 July 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 71.0% (-8.7%)
  • Average daily rate (ADR): US$139.19 (+1.8%)
  • Revenue per available room (RevPAR): US$98.87 (-7.1%)

Despite a four-point, week-over-week improvement in occupancy, ADR dipped slightly from the all-time high achieved the previous week.

Among the Top 25 Markets, New Orleans saw the highest occupancy increase over 2019 (+5.8% to 59.5%).

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San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019 (-36.6% to 56.3%).

Miami reported the largest ADR increase over 2019 (+32.4% to US$208.13), while Tampa registered the highest RevPAR increase (+29.2% to US$119.54).

The largest RevPAR drops were in San Francisco/San Mateo (-55.6% to US$94.29) and Boston (-47.9% to US$102.05).

*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.

Industry recovery will be a key focus of the 2021 Hotel Data Conference. Click here for registration, with both in-person and virtual options available for STR’s 13th annual event in Nashville.

Tags: hotel occupancy, hotel performance, STR

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