Hotels: Occupancy Rate Declined 45.3% Year-over-year, Eighth Consecutive Week of Slightly Higher Demand

From HotelNewsNow.com: STR: US hotel results for week ending 6 June STR data ending with 6 June showed another small rise from previous weeks in U.S. hotel performance. Year-over-year declines remained significant although not as severe as the levels recorded previously. 31 May through 6 June 2020 (percentage change from comparable week in 2019): • Occupancy: 39.3% (-45.3%) • Average daily rate (ADR): US$85.01 (-35.9%) • Revenue per available room (RevPAR): US$33.43 (-65.0%) "Not much different from previous weeks, occupancy continued to climb toward the 40% mark with noticeably higher levels ......(read more)

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