STR: U.S. Hotel Results for Week Ending 1 August

STR | August 6, 2020

HENDERSONVILLE, Tennessee—U.S. hotel performance data for the week ending 1 August showed slightly higher occupancy and room rates from the previous week, according to STR. 26 July through 1 August 2020 (percentage change from comparable week in 2019): Occupancy: 48.9% (-34.5%) Average daily rate (ADR): US$100.04 (-25.3%) Revenue per available room (RevPAR): US$48.96 (-51.1%) U.S. occupancy has risen week over week for 15 of the last 16 weeks, although growth in demand (room nights sold) has slowed. Aggregate data for the Top 25 Markets showed lower occupancy (41.4%) and ADR (US$97.58) than all other markets. Norf...