Occupancy Fee Down 16% In comparison with Similar Week in 2019

by Calculated Danger on 4/08/2021 11:30:00 AM Be aware: The year-over-year occupancy comparisons are straightforward, since occupancy declined sharply on the onset of the pandemic. Nevertheless, occupancy remains to be down considerably from regular ranges. The occupancy price is down 16% in comparison with the identical week in 2019. U.S. resort occupancy remained flat from


by Calculated Danger on 4/08/2021 11:30:00 AM

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

The occupancy price is down 16% in comparison with the identical week in 2019.

U.S. resort occupancy remained flat from the earlier week, whereas the nation’s ADR and RevPAR ranges have been its highest because the starting of March 2020, in response to STR‘s newest weekly knowledge by means of April 3, 2021.

March 28 by means of April 3, 2021:

Occupancy: 57.9%
• Common every day price (ADR): US$112.76
• Income per accessible room (RevPAR): US$65.33

The occupancy stage was 1 level under the pandemic peak reached two weeks prior. The RevPAR worth represented 73.1% of the comparable 2019 stage, which is the closest the U.S. has come to RevPAR restoration territory in STR’s Market Restoration Monitor.
emphasis added

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 pink line is for 2021, black is 2020, blue is the median, and dashed gentle blue is for 2009 (the worst yr because the Nice Melancholy for resorts previous to 2020).

Occupancy has elevated to 2009 ranges – and 2009 was horrible for resorts.

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



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