Reflecting seasonal demand patterns and concerns around the pandemic, U.S. hotel performance continued to decline from previous weeks, according to STR‘s latest data through 21 August.
15-21 August 2021 (percentage change from comparable week in 2019*):
- Occupancy: 63.7% (-9.1%)
- Average daily rate (ADR): US$135.77 (+5.1%)
- Revenue per available room (RevPAR): US$86.43 (-4.5%)
While none of the Top 25 Markets recorded an occupancy increase over 2019, Detroit came closest to its 2019 comparable (-0.7% to 69.3%).
San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019 (-40.5% to 53.5%).
Miami reported the largest ADR increase over 2019 (+27.8% to US$181.66).
The largest RevPAR drops were in San Francisco/San Mateo (-58.2% to US$88.39) and Minneapolis (-43.6% to US$61.61).
*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.
