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STR: U.S. hotel results for week ending 12 December

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HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy remained relatively flat from the previous week, according to the latest data from STR through 12 December.

6-12 December 2020 (percentage change from comparable week in 2019):

  • Occupancy: 37.8% (-37.4%)
  • Average daily rate (ADR): US$85.88 (-31.7%)
  • Revenue per available room (RevPAR): US$32.49 (-57.3%)
U.S. hotel results for week ending 12 December

Aggregate data for the Top 25 Markets showed lower occupancy (35.6%) but higher ADR (US$90.81) than all other markets.

Among the Top 25 Markets, Tampa/St. Petersburg, Florida (47.6%) saw the highest occupancy level.

Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (22.8%) and Minneapolis/St. Paul, Minnesota-Wisconsin (24.1%).

Additional Performance Data
STR’s world-leading hotel performance sample comprises 68,000 properties and 9.1 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.

North America Media Contact
Haley Luther
Communications Coordinator
hluther@str.com
+1 (615) 824-8664 ext. 3500

General Media Inbox:
media@str.com

 

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