U.S. HOTELS SAW little change in performance during the second week of December compared to the previous week, according to STR. Occupancy and all metrics remain down substantially from last year.
During the week ending Dec. 12, occupancy was 37.8 percent, up slightly from 37.4 percent the week before but 37.4 percent less than the same week last year. ADR was $85.88 compared to $86.21 and down 31.7 percent year over year, and RevPAR averaged $32.49, a slight increase from $32.23 the prior week and a 57.3 percent decline from the previous year.
The top 25 markets together had lower occupancy than the national average, 35.6 percent but higher ADR, $90.81. With 47.6 percent occupancy, Tampa/St. Petersburg, Florida, led the markets in that metric.
Markets with the lowest occupancy levels for the week were Oahu Island, Hawaii, with 22.8 percent and Minneapolis/St. Paul, Minnesota-Wisconsin, with 24.1 percent.
