STR: U.S. occupancy hits 85-week high

U.S. weekly hotel occupancy hit its highest level in 85 weeks, according to STR's latest data. For the week of June 13-19, occupancy reached 68 percent, down 9.9 percent from the comparable week in 2019. Average daily rate was S$128.90, down 4.4 percent, while revenue per available room was $87.62, down 13.8 percent.

In addition to occupancy reaching its highest point since the week ending Nov. 9, 2019, ADR and RevPAR were pandemic-era highs. 

Top Markets

Among the top 25 markets, Tampa, Fla., saw the only occupancy increase over 2019, up 1.2 percent to 77.5 percent. 

San Francisco/San Mateo experienced the steepest decline in occupancy when compared with 2019, down 38.7 percent to 53.2 percent. 

Miami reported the largest increases over 2019 in both ADR (up 44.9 percent to $221.42) and RevPAR (up 40.2 percent to $159.29). 

The largest RevPAR drops were in Boston (down 61.4 percent to $74.55) and San Francisco/San Mateo (down 60.9 percent to $82.76).