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US Hotel Occupancy Down -1.7 Percent to 64.1 Percent for Week Ending February 29th – 2020

March 5, 2020

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.

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