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STR: U.S. hotels rebounded some in week ending Jan. 16

Occupancy rises back above 40 percent

STR: U.S. hotels rebounded some in week ending Jan. 16

U.S. HOTELS REBOUNDED some in the third week of January, climbing back to more than 40 percent occupancy, according to STR. Occupancy was still under 40 percent for the top 25 markets.

Occupancy for the week ending Jan. 16 reached 40.1 percent, a rise from 37 percent the week before and down 31.8 percent from the same time last year. ADR rose to $89.39 compared to $87.97 the week before and down 31.9 percent year over year. RevPAR was consequently $35.85, up from $32.59 the week before but down 53.6 percent from the prior year.


For the top 25 together, occupancy was 38.4 percent while ADR was $95.94.

With 53.8 percent, Tampa/St. Petersburg, Florida saw the highest occupancy level. Oahu Island, Hawaii, and Minneapolis/St. Paul, Minnesota-Wisconsin had the lowest occupancy with 22.1 percent and 27 percent respectively.

Last week, STR declared 2020 to be the worst year on record for U.S. hotels.

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Hunter Hotel Advisors Rebrands With Simpler Identity, Logo

Hunter rebrands toward simplicity

Summary:

  • Hunter is rebranding with a simplified name and updated visual identity.
  • The Atlanta-based firm was founded in 1978 by Bob Hunter.
  • The company surpassed $1 billion in hotel sales with 76 transactions as of mid-November.

HUNTER ADVISORS UNVEILED a rebrand to reflect its growth and long-term plans in hotel-investment advisory. The update shortens the name, revises the visual identity and unifies the brand across the firm and the annual Hunter Hotel Investment Conference.

The evolution, in development since 2024, includes the launch of hunteradvisors.co and hunterconference.co, unifying the firm’s advisory and conference platforms. Founded in 1978, the company has advised hotel owners and investors for nearly five decades.

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