HENDERSONVILLE, Tenn. — U.S. weekly hotel occupancy fell to its lowest level since early May, according to STR‘s latest data for the week of Christmas.
For the week of Dec. 20 to 26, 2020, occupancy fell 33 per cent year over year (YOY) to 32.5 per cent. Revenue Per Available Room (RevPAR) dropped 52.3 per cent YOY to US$29.94 and Average Daily Rate (ADR) saw a 28.8-per-cent decline to US$92.08.
Aggregate data for the top-25 markets showed identical occupancy (32.5 per cent), but higher ADR (US$94.36) than all other markets.
Among the top-25 markets, Miami/Hialeah, Fla. (47.5 per cent) saw the highest occupancy level, while the lowest occupancy levels for the week included Minneapolis/St. Paul, Minnesota-Wisconsin (22.3 per cent), and Boston, Mass. (23.5 per cent).