Hotels: Occupancy Rate Declined 31.5% Year-over-year

From HotelNewsNow.com: STR: U.S. hotel results for week ending 26 September U.S. hotel occupancy remained nearly flat from the previous week, according to the latest data from STR through 26 September. 20-26 September 2020 (percentage change from comparable week in 2019): • Occupancy: 48.7% (-31.5%) • Average daily rate (ADR): US$96.38 (-29.6%) • Revenue per available room (RevPAR): US$46.96 (-51.7%) ... Most of the markets with the highest occupancy levels were those in areas with displaced residents from natural disasters . Affected by Hurricane Sally, Mobile, Alabama, reported the week's......(read more)

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