U.S. weekly hotel occupancy reached the 60 percent mark for the first time since the start of the pandemic, according to STR's latest data. For the week of May 16-22, occupancy reached 60.3 percent (down 15.1 percent from the comparable week in 2019). Average daily rate reached $115.57, down 13.6 percent, while revenue per available room was $69.69, down 26.6 percent.
ADR also reached its highest point of the pandemic but was still $18 less than the corresponding week in 2019.
Top Markets
Miami was the only top 25 market to report an occupancy increase over 2019, increasing 2.8 percent to 76 percent. San Francisco/San Mateo saw the steepest decline in occupancy when compared with 2019, dropping 45.5 percent to 47.9 percent.
In terms of ADR, Phoenix (up 6.7 percent to $122.97) and Tampa, Fla., (up 0.3 percent to $140.09) were the only top 25 markets with levels higher than 2019.
None of the top 25 markets had RevPAR levels higher than the 2019 comparable. The largest RevPAR deficits were in San Francisco/San Mateo (down 70 percent to $66.53) and Boston (down 66.9 percent to $64.22).