News / Hotel occupancy in the US is growing week by week

Hotel occupancy in the US is growing week by week

🕔 July 19, 2021
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According to STR data through 10 July, hotel occupancy rates in the US market are improving week after week. Comparing the week 4-10 of July 2021 with the week in 2019, before the pandemic-driven performance declines of 2020, the following percentage changes can be observed:

  • Occupancy: 67.2% (-9.3%)
  • Average daily rate (ADR): US$139.84 (+5.4%)
  • Revenue per available room (RevPAR): US$93.99 (-4.4%)

Among the Top 25 Markets, Norfolk/Virginia Beach saw the highest occupancy increase over 2019 (+3.0% to 80.5%). While Minneapolis experienced the steepest decline in occupancy when compared with 2019 (-34.1% to 52.6%). Another popular destination, Miami, reported the largest average daily rate (ADR)  (+44.7% to US$225.14) and revenue per available room (RevPAR) (+30.7% to US$152.45) increases over 2019. The largest decline in RevPAR occurred in San Francisco/San Mateo (-55.2% to US$89.11) and Boston (-47.6% to US$94.03).

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