HENDERSONVILLE, Tennessee - U.S. hotel occupancy remained relatively flat compared with the previous week, according to STR's latest data through 1 May.

25 April through 1 May 2021:

Occupancy: 57.1%

Average daily rate (ADR): US$108.80

Revenue per available room (RevPAR): US$62.13

While the overall weekly data was stagnant, weekend occupancy rose modestly and came in above 70% for the fourth straight week. However, the Top 25 Markets showed a lower occupancy level in aggregate with more properties reopening on top of lower demand.

STR: U.S. Hotel Results For Week Ending 1 May

Among those Top 25 Markets, Tampa (72.4%) and Miami (70.8%) experienced the highest occupancy levels, while Boston (40.6%) and Minneapolis (41.4%) came in the lowest.

The aggregate occupancy for the Top 25 Markets (54.6%) was lower than all other markets on average, but ADR in the major markets (US$117.38) was higher.

Additional Performance Data

STR's world-leading hotel performance sample comprises 68,000 properties and 9.1 million rooms around the globe. Members of the media should refer to the contacts listed below for additional data requests.

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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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