This week in Hospitality & Tourism #49 2021
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STR: U.S. hotel results for week ending 4 December
U.S. hotel performance was lower compared to the same week in 2019.
- Occupancy: 54.8% (-8.8%)
- Average daily rate (ADR): US$127.92 (-0.5%)
- Revenue per available room (RevPAR): US$70.08 (-9.2%)
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STR: Thanksgiving week for the U.S. hotel industry was record-breaking
Weekly occupancy topped 53%, which was 2.3 percentage points higher than the holiday week in 2019 and nearly a point higher than the previous record achieved in 2018. Looking at the 3-day weekend (Thursday to Saturday), occupancy reached 60.2%, 0.9 percentage points greater than in 2018 and 2017 which had been the bar to surpass. Weekend (Friday and Saturday) occupancy (62%) was also at a new high for the week of Thanksgiving.