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STR: U.S. hotel performance improves in the third week of September

Norfolk/Virginia Beach reported the highest occupancy increase

STR: U.S. hotel performance improves in the third week of September

PERFORMANCE OF U.S. hotels improved in the third week of September compared to the week before and also when compared to 2019, according to STR.

Occupancy was 69.6 percent for the week ending Sept. 17, up from 61.7 percent the week before and decreased 2.4 percent from 2019. ADR was $155.58 for the week, increased from $146.80 the week before and increased 15.6 percent from three years ago. RevPAR reached $108.25 during the week, up from $90.50 the week before and improved 12.9 percent from 2019.


Among STR’s top 25 markets, Norfolk/Virginia Beach reported the highest occupancy increase during the week, up 6.6 percent to 70.9 percent, over 2019. Miami reported the largest ADR gain, increased 30.7 percent to $177.10, over 2019.

The steepest RevPAR declines were in San Francisco, down 23.1 percent to $203.27, followed by Houston, dipped 13 percent to $63.58.

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Americas Best Value Studios

Sonesta expands ABVI line to extended-stay

Summary:

  • Sonesta launched Americas Best Value Studios, an extended-stay version of ABVI.
  • The model targets owners seeking limited front desk and housekeeping.
  • The brand meets demand for longer-term, value-focused stays.

SONESTA INTERNATIONAL HOTELS Corp. launched Americas Best Value Studios by Sonesta, an extended-stay version of its franchised brand, Americas Best Value Inn. The model targets owners seeking limited front desk and housekeeping, optional fitness center and lobby market along with standard brand requirements.

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