U.S. Hotel RevPAR
STR: U.S. Hotel RevPAR Recovered 83% in 2021
STR | January 20, 2022
HENDERSONVILLE, Tennessee — January 20, 2022 — With improved performance as 2021 progressed, the U.S. hotel industry reported total-year revenue per available room (RevPAR) that was 83.2% of the pre-pandemic comparable, according to the latest data from STR. 2021 (percentage change from 2019): Occupancy: 57.6% (-12.6%) Average daily rate (ADR): US$124.67 (-4.8%) Revenue per available room (RevPAR): US$71.87 (-16.8%) In addition to 2020, U.S. hotel occupancy failed to reach 60% for just the second time since 2011. On a nominal basis, 2021 ADR was the fourth highest on record. The country’s RevPAR level was its...