The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 23-29 February 2020, according to data from STR.
In comparison with the week of 24 February through 2 March 2019, the industry recorded the following:
- Occupancy: -1.7% to 64.1%
- Average daily rate (ADR): +1.6% to US$129.67
- Revenue per available room (RevPAR): -0.2% to US$83.16
Occupancy and ADR declines for the week were most pronounced on the weekend (28-29 February). Also of note, U.S. airport hotels reported a 3.8% decrease in occupancy for the week.
