Market Report U.S.

US Hotel Occupancy Down -11.6 Percent to 50.6 Percent - Week Ending November 30th - 2019

RevPAR down -17.5 percent to US$56.83
View of the Boston skyline during sunset from Pier Park - Unsplash
Boston, Massachusetts, registered the largest decrease in RevPAR (-47.5% to US$65.18)

STR

The U.S. hotel industry reported negative year-over-year results in the three key performance metrics during the week of 24-30 November 2019, according to data from STR.

In comparison with the week of 25 November through 1 December 2018, the industry recorded the following:

• Occupancy: -11.6% to 50.6%
• Average daily rate (ADR): -6.7% to US$112.28
• Revenue per available room (RevPAR): -17.5% to US$56.83

STR analysts attribute significant performance declines to comparison of Thanksgiving week in 2019 against the week that followed the holiday in 2018.

Boston, Massachusetts, registered the largest decrease in RevPAR (-47.5% to US$65.18), due primarily to the second-steepest drop in occupancy (-29.7% to 50.7%).

Minneapolis/St. Paul, Minnesota, saw the largest drop in occupancy (-34.3% to 39.0%).

Chicago, Illinois, reported the largest decline in ADR (-26.6% to US$111.73) and the second-largest decrease in RevPAR (-44.6% to US$56.04).

Overall, 21 of the Top 25 Markets reported a RevPAR decrease.

Oahu Island, Hawaii, recorded the highest jump in RevPAR (+21.1% to US$186.36), driven by the only double-digit lift in ADR (+15.4% to US$238.80).

Anaheim/Santa Ana, California, experienced the largest rise in occupancy (+6.7% to 68.1%) and the only other double-digit increase in RevPAR (+14.9% to US$107.27).

View U.S. weekly hotel performance review

STR provides clients from multiple market sectors with premium, global data benchmarking, analytics and marketplace insights. Founded in 1985, STR maintains a presence in 10 countries around the world with a corporate North American headquarters in Hendersonville, Tennessee, and an international headquarters in London, England. For more information, please visit str.com.



Logos, product and company names mentioned are the property of their respective owners.