Occupancy Charge Down 13% In comparison with Similar Week in 2019

by Calculated Threat on 4/22/2021 01:12:00 PM Be aware: The year-over-year occupancy comparisons are simple, since occupancy declined sharply on the onset of the pandemic. Nonetheless, occupancy remains to be down considerably from regular ranges. The occupancy price is down 13% in comparison with the identical week in 2019. U.S. weekly resort occupancy fell 2.6


by Calculated Threat on 4/22/2021 01:12:00 PM

Be aware: The year-over-year occupancy comparisons are simple, since occupancy declined sharply on the onset of the pandemic. Nonetheless, occupancy remains to be down considerably from regular ranges.

The occupancy price is down 13% in comparison with the identical week in 2019.

U.S. weekly resort occupancy fell 2.6 share factors from the earlier week, in accordance with STR‘s newest information via April 17.

April 11-17, 2021:

Occupancy: 57.3%
• Common each day price (ADR): US$107.16
• Income per obtainable room (RevPAR): US$61.37

Following the top of spring break, weekly demand fell again under the 22 million mark, and occupancy dipped to its lowest degree since mid-March. The ADR degree was additionally US$5 much less after two straight weeks above US$112.
emphasis added

For extra, see STR’s U.S. Market Restoration Monitor

The next graph reveals the seasonal sample for the resort occupancy price utilizing the 4 week common.

Click on on graph for bigger picture.

The purple line is for 2021, black is 2020, blue is the median, and dashed mild blue is for 2009 (the worst 12 months for the reason that Nice Melancholy for motels previous to 2020).

Occupancy is now above the horrible 2009 ranges.

Be aware: Y-axis does not begin at zero to higher present the seasonal change.



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