Occupancy Price Down 17% In comparison with Similar Week in 2019

by Calculated Threat on 4/29/2021 01:02:00 PM Observe: The year-over-year occupancy comparisons are simple, since occupancy declined sharply on the onset of the pandemic. Nevertheless, occupancy continues to be down considerably from regular ranges. The occupancy fee is down 17% in comparison with the identical week in 2019. U.S. weekly resort occupancy remained flat from


by Calculated Threat on 4/29/2021 01:02:00 PM

Observe: The year-over-year occupancy comparisons are simple, since occupancy declined sharply on the onset of the pandemic. Nevertheless, occupancy continues to be down considerably from regular ranges.

The occupancy fee is down 17% in comparison with the identical week in 2019.

U.S. weekly resort occupancy remained flat from the earlier week, in accordance with STR‘s newest knowledge by means of April 24.

April 18-24, 2021:

Occupancy: 57.3%
• Common day by day fee (ADR): US$108.10
• Income per accessible room (RevPAR): US$61.93

General business occupancy will probably stay plateaued till the summer time leisure journey increase, however there was noticeable uptick in weekday occupancy, which is indicative of elevated enterprise journey. ADR was up barely from the earlier week, and the Luxurious, Midscale and Financial system courses have every recovered greater than 90% of their 2019 ADR ranges.
emphasis added

The next graph exhibits the seasonal sample for the resort occupancy fee 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 mild blue is for 2009 (the worst 12 months on report for accommodations previous to 2020).

Occupancy is now barely above the horrible 2009 ranges.

Observe: Y-axis does not begin at zero to raised present the seasonal change.



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