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U.S. hotel results for week ending 28 August

UK hotel resultsU.S. hotel performance continued to decline from previous weeks, according to STR‘s latest data through 28 August. 

22-28 August 2021 (percentage change from comparable week in 2019*):

  • Occupancy: 61.0% (-8.4%)
  • Average daily rate (ADR): US$131.91 (+3.2%)
  • Revenue per available room (RevPAR): US$80.53 (-5.5%)

Performance continues to reflect seasonality as well as the pandemic situation. Additionally, while data for 27-28 August showed a preliminary demand shift in the Gulf region, the impact of Hurricane Ida is expected to be more significant in future weeks of data. STR will provide Hurricane Ida analysis in the coming weeks.

Among the Top 25 Markets, Norfolk/Virginia Beach recorded the highest occupancy (+2.8% to 71.4%) and RevPAR (+21.1% to US$106.68) increases over 2019.

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San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019 (-43.2% to 50.3%).

Miami reported the largest ADR increase over 2019 (+27.5% to US$173.61).

The largest RevPAR deficits were in San Francisco/San Mateo (-65.6% to US$81.15) and New Orleans (-46.5% to US$37.96).

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

Tags: 2017 Hotel Data Conference, hotel performance, hotel results

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