s the summer leisure travel surge subsided, the U.S. hotel industry reported performance declines from the month prior, according to August 2021 data from STR.
August 2021 (percentage change from August 2019):
- Occupancy: 63.2% (-11.3%)
- Average daily rate (ADR): US$137.57 (+3.7%)
- Revenue per available room (RevPAR): US$86.88 (-8.1%)
On a nominal basis, ADR was higher than the 2019 comparable.
Among the Top 25 Markets, Norfolk/Virginia Beach experienced the highest occupancy level (74.2%), which was still down 5.3% from the market’s 2019 benchmark.