U.S. hotel occupancy reached a 4-week high, according to STR‘s latest data through 18 September.
12-18 September 2021 (percentage change from comparable week in 2019*):
- Occupancy: 63.0% (-11.6%)
- Average daily rate (ADR): US$131.04 (-2.6%)
- Revenue per available room (RevPAR): US$82.50 (-13.9%)
The gain in occupancy was helped by weekly group demand eclipsing 1 million for the first time since the earliest days of the pandemic. More group demand created a lowering effect on ADR, as group rooms for upper-tier classes are typically priced lower than transient rooms.