STR: U.S. hotel occupancy, ADR continue decline

U.S. hotel occupancy and average daily rate continued their decline from previous weeks, according to STR's latest data. For the week of Aug. 8-14, occupancy reached 65.7 percent, down 8.4 percent from the comparable week in 2019. ADR was $139.18, up 5.9 percent from 2019, while revenue per available room was $91.45, down 3 percent.

While the metrics were down week over week, comparisons with 2019 remained consistent, which is further evidence of seasonality in the data as more schools return to class and leisure demand wanes. Concern around COVID-19 cases also persists.  

Top Markets  

Among the top 25 markets, Norfolk/Virginia Beach, Va., saw the only occupancy increase over 2019 (up 0.4 percent to 80 percent) and the highest RevPAR increase when compared with 2019 (up 24.3 percent to $131.07).

San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019, falling 36.8 percent to 56.9 percent. 

Miami reported the largest ADR increase over 2019, improving 24.1 percent to $185. 

The largest RevPAR drops were in San Francisco/San Mateo, down 55.2 percent to $96.42, and New York City, down 39.9 percent to $122.06.