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U.S. hotel results for week ending 31 July

U.S. hotel resultsU.S. weekly hotel occupancy dipped from the previous week, while room rates were up slightly, according to STR‘s latest data through 31 July. 

25-31 July 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 70.1% (-6.2%)
  • Average daily rate (ADR): US$142.76 (+6.8%)
  • Revenue per available room (RevPAR): US$100.07 (+0.1%)

ADR remained at an all-time high on a nominal basis but not when adjusted for inflation (US$135).

Among the Top 25 Markets, Norfolk/Virginia Beach saw the highest occupancy increase over 2019 (+2.2% to 82.5%).

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San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019 (-30.5% to 60.0%).

Miami reported the largest ADR (+43.3% to US$215.34) and RevPAR (+38.3% to US$156.01) increases over 2019.

The largest RevPAR drops were in San Francisco/San Mateo (-47.8% to US$101.44) and Minneapolis (-39.2% to US$66.71).

*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.

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