U.S. weekly hotel occupancy increased slightly from the previous week, according to the latest data from STR through 5 December.
29 November through 5 December 2020 (percentage change from comparable week in 2019):
- Occupancy: 37.4% (-37.9%)
- Average daily rate (ADR): US$86.21 (-33.1%)
- Revenue per available room (RevPAR): US$32.23 (-58.4%)
With slightly higher demand after Thanksgiving, occupancy improved after several weeks of lowering levels. With a tougher year-over-year comparable, however, the country’s RevPAR decline was its worst since late June.
Aggregate data for the Top 25 Markets showed lower occupancy (35.1%) but higher ADR (US$91.43) than all other markets.
Among the Top 25 Markets, Tampa/St. Petersburg, Florida (46.1%) saw the highest occupancy level.
Markets with the lowest occupancy levels for the week included Minneapolis/St. Paul, Minnesota-Wisconsin (24.5%), and Oahu Island, Hawaii (21.2%).
MM&E