HENDERSONVILLE, Tennessee — May 6, 2021 — U.S. hotel occupancy remained relatively flat compared with the previous week, according to STR‘s latest data through 1 May.
25 April through 1 May 2021:
- Occupancy: 57.1%
- Average daily rate (ADR): US$108.80
- Revenue per available room (RevPAR): US$62.13
While the overall weekly data was stagnant, weekend occupancy rose modestly and came in above 70% for the fourth straight week. However, the Top 25 Markets showed a lower occupancy level in aggregate with more properties reopening on top of lower demand.
Among those Top 25 Markets, Tampa (72.4%) and Miami (70.8%) experienced the highest occupancy levels, while Boston (40.6%) and Minneapolis (41.4%) came in the lowest.
The aggregate occupancy for the Top 25 Markets (54.6%) was lower than all other markets on average, but ADR in the major markets (US$117.38) was higher.
