HENDERSONVILLE, Tennessee—The U.S. hotel industry recorded its highest monthly occupancy and revenue per available room (RevPAR) since October 2019, according to June 2021 data from STR.
June 2021:
- Occupancy: 66.1%
- Average daily rate (ADR): US$129.00
- Revenue per available room (RevPAR): US$85.31
In addition to higher occupancy and RevPAR levels, ADR was the highest for any month since February 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 below the pre-pandemic comparable of June 2019: occupancy (-9.8%), ADR (-4.0%) and RevPAR (-13.4%). To track recovery on a weekly basis, STR has launched a Market Recovery Monitor to index performance against the 2019 benchmark.
Among the Top 25 Markets, Tampa experienced the highest occupancy level (76.2%), which was a 3.2% increase over the market’s benchmark from 2019.
Markets with the lowest occupancy for the month included San Francisco/San Mateo (50.0%) and Washington, D.C. (50.8%).
Oahu Island recorded the highest ADR (US$227.22) and RevPAR (US$171.40).
Overall, the Top 25 Markets showed lower occupancy but higher ADR than all other markets.
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Additional Performance Data
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About STR
STR provides premium data benchmarking, analytics and marketplace insights for global hospitality sectors. Founded in 1985, STR maintains a presence in 15 countries with a corporate North American headquarters in Hendersonville, Tennessee, an international headquarters in London, and an Asia Pacific headquarters in Singapore. STR was acquired in October 2019 by CoStar Group, Inc. (NASDAQ: CSGP), the leading provider of commercial real estate information, analytics and online marketplaces. For more information, please visit str.com and costargroup.com.
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