STR: US Hotel Occupancy Drops, but Rates Increase Slightly

TR Number
Date
2021-10-28
Journal Title
Journal ISSN
Volume Title
Publisher
CoStar
Abstract

The STR report for the week October 17 - 23 show that occupancy decreased while room rates rose slightly when compared to the comparable week in 2019. Tampa recorded the largest increase in ADR and was also the closest in occupancy compared to 2019.

Description
Keywords
U.S. hotel occupancy, RevPAR, ADR, Tampa, Oahu Island, San Francisco/San Mateo, Washington D.C., RevPAR deficits
Citation