U.S. RevPAR
Strong Finish to 2021 for Most of U.S., Sizable RevPAR Gains for D.C. and New York
STR | December 20, 2021
STR’s final 51-chart map of the year shows recent national/regional trends and many states finishing 2021 strong. Further, trend lines for revenue per available room (RevPAR) on a total-room-inventory (TRI) basis provide ample evidence of the hotel industry’s extraordinary rebound, particularly in the second half of the year. Despite expectations for some travel hesitancy related to the spread of the Omicron variant, RevPAR for the four weeks ending with Week 50 (11 December) remained near (or above) 2019 levels for a vast majority of states. Of course, the most recent weekly index comparisons with 2019 are against normal, off-peak mon...
Peak Summer RevPAR Near or Better Than 2019 for Most States
STR | July 27, 2021
With the U.S. in peak summer travel season, STR’s latest data through 17 July shows most states with solid gains in revenue per available rooms (RevPAR) on a total-room-inventory (TRI) basis. Over the past four weeks, all but nine markets averaged TRI RevPAR within $10 dollars (actual) of their comparable level from 2019. To further highlight the scale of recovery, 22 markets surpassed their 4-week RevPAR from 2019. As a reminder, STR is using 2019 as the recovery benchmark due to the severe pandemic impact on 2020 data. Indexed comparisons are being made with the same time periods in 2019—an index is simply a ratio that divides cur...
