Wed, 27 Oct 2021

Occupied hotel nights in U.S. fall below 62 percent

Lola Evans
11 Oct 2021, 01:26 GMT+10

WASHINGTON, DC - Hotels across the United States continue to struggle despite the recovering U.S. economy.

The island of Oahu, in Hawaii, is taking the biggest hit with occupancies there falling to 43.8 percent.

Oahu, which houses Honolulu, and thus Waikiki fell to 43.8 percent from 46.1 percent a week earlier.

The stats have come from heavyweight industry monitor STR.

The best performer across the U.S. for the week from 26 September to 2 October 2021 was Phoenix, in Arizona which notched up an occupancy rate of 66 percent, 1.8 percent higher than the previous week.

Nationally, U.S. hotels recorded 61.7 percent, a whopping decline of 9.7 percent compared to the same week in 2019, which was pre-pandemic.

The average daily rate was $130.87, which was up 1.2 percent compared to two years ago, barely keeping in line with inflation.

Revenue per available room was down 8.2 percent to $80.78.

Miami recorded the biggest increase in daily rate, rising 20.6 percent to $174.10.

Among the top 25 markets, Phoenix recorded the only occupancy increase over 2019, up 1.8 percent to 66 percent. The market also recorded the largest RevPAR gain when compared with 2019, up 15.2 percent to $88.82. Oahu Island, Hawaii, experienced the steepest occupancy decline from 2019, down 43.8 percent to 46.1 percent.

Miami reported the largest ADR increase when compared with 2019, up 20.6 percent to $174.10.

The worst performers were San Francisco, in California which was down 52.6 percent to $97.51, and Oahu, which dropped 50.1 percent to $94.06.

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