US hotel occupancy drops in week ended May 7 – STR

Occupancy at U.S. hotels decreased to 63.9% during the week ended May 7 from 66.6% in the previous week, according to data from STR, which tracks the hospitality industry.

The occupancy rate was also down 6.1% from the same week in 2019.

STR is measuring recovery against comparable time periods from 2019 due to the pandemic impact.

Average daily rate jumped 12% to $147.24 during the week, and revenue per available room increased 5.1% to $94.1.

Among the top 25 markets, San Diego recorded the biggest gain in occupancy at 74.5%, up 5.6% from the comparable week in 2019. The largest decline in occupancy was seen in Chicago, dropping 22.2%, to 59.2%.

San Francisco and Philadelphia recorded the biggest RevPAR deficits, dropping 29.1% to $142.6 and 26.7% to $89.06, respectively.