All posts in "Accommodations"
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St. Louis Traveler Reports on Leisure Travel Experience

February 25, 2021

By Mattie Yalally, GTBA St. Louis Chapter Member After much consideration, my husband and I decided to move ahead with our annual February search to find some sun and a bit of warmth. Scottsdale Arizona provided us with an excellent opportunity to escape the cold, gray gloom of Missouri. The trip included flights, accommodations, rental […]

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Hotel Occupancy Remains Flat First Week of February

February 12, 2021

U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR‘s latest data through 6 February. 31 January through 6 February 2021 (percentage change from comparable week in 2020): Occupancy: 40.9% (-30.5%) Average daily rate (ADR): US$91.44 (-29.0%) Revenue per available room (RevPAR): US$37.44 (-50.6%) Lifted by Super Bowl LV, Tampa/St. Petersburg, […]

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Hotel Occupancy Remains Flat During Last Week of January

February 5, 2021

U.S. weekly hotel occupancy remained relatively flat from the previous week, according to STR‘s latest data through 30 January. 24-30 January 2021 (percentage change from comparable week in 2020): Occupancy: 40.4% (-29.6%) Average daily rate (ADR): US$89.62 (-29.8%) Revenue per available room (RevPAR): US$36.23 (-50.6%) Aggregate data for the Top 25 Markets showed lower occupancy […]

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U.S. Hotel Profits Fell 84.6% in 2020

January 29, 2021

Including a 100.6% decline in December, U.S. hotel profitability fell 84.6% in 2020, according to STR‘s latest monthly P&L data release. December gross operating profit per available room (GOPPAR) came in worse than any month since June in both absolute terms and year-over-year comparisons. “Lower demand in December coupled with fixed expenses for hotels meant […]

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AHLA Report Projects Recovery Outlook for Hotels and Business Travel

January 27, 2021

The American Hotel & Lodging Association (AHLA) released “AHLA’s State of the Hotel Industry 2021” outlining the forecasted state of the hotel industry in 2021 and into the immediate future. The report examines the high-level economics of the hotel industry’s recovery, the specific impact on and eventual return of business travel, and consumer travel sentiments. […]

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STR: “2020 is Officially the Worst Year on Record for U.S. Hotels”

January 21, 2021

The U.S. hotel industry reported all-time lows in occupancy and revenue per available room (RevPAR), according to year-end 2020 data from STR. In addition to historically low absolute levels in the aforementioned metrics, average daily rate (ADR) came in lower than any year since 2011. Year-over-year declines were the worst on record across the three key […]

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U.S. Hotel Occupancy Falls Below 40% After New Years

January 15, 2021

U.S. weekly hotel occupancy fell back below the 40% mark, according to STR‘s latest data through 9 January. 3-9 January 2021 (percentage change from comparable week in 2020): Occupancy: 37.0% (-28.3%) Average daily rate (ADR): US$87.97 (-27.1%) Revenue per available room (RevPAR): US$32.59 (-47.7%) The previous week’s occupancy was lifted by New Year’s travel. As […]

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Hotel Occupancy Significantly Increases During New Years Holiday

January 8, 2021

Thanks to a travel boost leading into the New Year’s holiday, U.S. weekly hotel occupancy improved noticeably from the previous week, according to STR‘s latest data through 2 January. 27 December 2020 through 2 January 2021 (percentage change from comparable week in 2019/2020): • Occupancy: 40.6% (-17.2%) • Average daily rate (ADR): US$107.93 (-21.5%) • […]

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Hotel Occupancy Slightly Increased the First Week of December

December 11, 2020

U.S. weekly hotel occupancy increased slightly from the previous week, according to the latest data from STR through 5 December. 29 November through 5 December 2020 (percentage change from comparable week in 2019): Occupancy: 37.4% (-37.9%) Average daily rate (ADR): US$86.21 (-33.1%) Revenue per available room (RevPAR): US$32.23 (-58.4%) With slightly higher demand after Thanksgiving, […]

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Hotel Occupancy Continues to Decrease as Winter Nears

November 20, 2020

U.S. weekly hotel occupancy slipped further from previous weeks, according to the latest data from STR through 14 November. 8-14 November 2020 (percentage change from comparable week in 2019): Occupancy: 43.2% (-32.7%) Average daily rate (ADR): US$90.58 (-28.6%) Revenue per available room (RevPAR): US$39.11 (-52.0%) After ranging between 48% and 50% occupancy from mid-July into […]

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