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STR: U.S. hotel results for week ending 27 June

July 6, 2020 Hotel Trends No Comments Email Email

U.S. hotel performance data for the week ending 27 June showed another small rise from previous weeks and less severe year-over-year declines, according to STR.

21-27 June 2020 (percentage change from comparable week in 2019):

  • Occupancy: 46.2% (-38.7%)
  • Average daily rate (ADR): US$95.37 (-29.0%)
  • Revenue per available room (RevPAR): US$44.03 (-56.5%)

Aggregate data for the Top 25 Markets showed lower occupancy (40.0%) than the national average and only slightly higher ADR (US$95.43).

Norfolk/Virginia Beach, Virginia, was the only one of those major markets to reach a 60% occupancy level (61.4%).

Two additional markets surpassed 50% occupancy: Detroit, Michigan (52.0%) and Tampa/St. Petersburg, Florida (51.1%).

Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (15.0%); Boston, Massachusetts (27.5%); and Orlando, Florida (28.9%).

Of note, in New York, New York, occupancy was 42.4%, down from 43.6% the week prior. In Seattle, Washington, occupancy was 33.2%, flat from the previous week.

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