STR: Occupancy Declines Further in Second Week of November

November 2020

HENDERSONVILLE, Tennessee—U.S. weekly hotel occupancy for the week of November 8-14, 2020, slipped further from previous weeks, according to the latest data from STR.

U.S. Hotel Industry Performance

Nov. 8-14, 2020 vs. Nov. 10-16, 2019

Occupancy: 43.2% (-32.7%)
ADR: $90.58 (-28.6%)
RevPAR: $39.11 (-52.0%)

During the week of November 8-14, 2020, occupancy dropped 32.7 percent year over year to 43.2 percent, average daily rate (ADR) fell 28.6 percent year over year to $90.58, and revenue per available room (RevPAR) declined 52 percent year over year to $39.11.

After ranging between 48 percent and 50 percent occupancy from mid-July into the later portion of October, the last three weeks have produced levels of 44.4 percent (October 25-31), 44.1 percent (November 1-7), and 43.2 percent (November 8-14).

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Aggregate data for the Top 25 Markets showed lower occupancy (39.7 percent) but higher ADR ($96.31) than all other markets during the week of November 8-14, 2020. With occupancy at 52.7 percent, Phoenix, Arizona, was the only Top 25 Market to reach or surpass 50 percent occupancy.

Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (24 percent), and Chicago, Illinois (29.3 percent).


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