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STR: U.S. hotel occupancy improves in fifth week of April

Phoenix saw the highest occupancy increase over 2019

STR: U.S. hotel occupancy improves in fifth week of April

Occupancy was 66.6 percent for the week ending April 30, up from 65.8 percent the week before and down 3.4 percent from 2019. ADR was $146.67 for the week, down from $148.35 the week before and up 10.2 percent from three years ago. RevPAR reached $97.72 during the week, slightly up from $97.66 the week before and rose 6.4 percent from 2019.

Among STR's top 25 markets, Phoenix saw the highest occupancy increase, up 5.5 percent to 75.9 percent, over 2019. Minneapolis experienced the largest occupancy decrease, down 23.8 percent to 55.1 percent, from 2019.


The steepest RevPAR deficits were in Boston, dipped 30 percent to $128.27, followed by Minneapolis, decreased 28.5 percent to $64.23, when compared to three years ago.

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Vision to Manage SpringHill Suites in Goose Creek, S.C.

Vision to manage SpringHill Suites Goose Creek, S.C.

Summary:

  • Vision Hospitality to manage 109-room SpringHill Suites Goose Creek, opening 2027.
  • The property is being developed by Clarendon Properties and CRAD.
  • It features 1,000 square feet of meeting space.

VISION HOSPITALITY GROUP Inc. will manage the SpringHill Suites by Marriott Goose Creek. The 109-room hotel is scheduled to open early 2027 in Summerville, South Carolina.

The hotel is being developed by Clarendon Properties LLC in partnership with Commercial Realty Advisors Development. The project marks a new management collaboration between Vision and the developers, Vision said in a statement.

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