STR: U.S. hotel performance improves in the second week of December

New York City achieved the highest occupancy level

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STR Dec report
Occupancy was 59.6 percent for the week ending Dec. 10, up from 55.4 percent the week before and a slight decrease of 1.2 percent from 2019, according to STR. ADR was $144.79 during the week, increased from $141.71 the week before and RevPAR reached $86.29 during the week, up from $78.50 the week before.

U.S. HOTEL PERFORMANCE was up in the second week of December compared to the week before, according to STR Dec report.  When compared to 2019, performance was higher during the week.

Occupancy was 59.6 percent for the week ending Dec. 10, up from 55.4 percent the week before and a slight decrease of 1.2 percent from 2019. ADR was $144.79 during the week, increased from $141.71 the week before and up 15.4 percent from three years ago. RevPAR reached $86.29 during the week, up from $78.50 the week before and up 14 percent from 2019.

Among STR’s top 25 markets, Tampa reported the highest occupancy increase during the week, up 10.2 percent to 80.1 percent, over 2019. New York City achieved the highest occupancy level at 90.2 percent. New Orleans posted the highest ADR, increased 57.3 percent to $202.67, and RevPAR, up 63.8 percent to $136.92, over 2019.

San Francisco was the only market to report to STR Dec an ADR decrease, down 16.3 percent to $215.44, over 2019. The largest RevPAR decreases were seen in San Francisco, decreased 35.3 percent to $147.60, followed by and Minneapolis, down 8.7 percent to $57.45.