us hotel industry performance
U.S. Hotel Industry Records Highest Monthly Performance Levels Since Beginning of Pandemic
STR | May 19, 2021
HENDERSONVILLE, Tennessee—The U.S. hotel industry recorded its highest monthly performance levels since the beginning of the pandemic, according to April 2021 data from STR. April 2021: Occupancy: 57.5% Average daily rate (ADR): US$110.34 Revenue per available room (RevPAR): US$63.46 Occupancy and RevPAR were the highest for any month since February 2020, while ADR was the highest since March 2020. While year-over-year percentage changes show significant increases because of comparison with a pandemic-affected period in 2020, the country’s performance levels remained well below the pre-pandemic comparable of April 2019: o...