STR: U.S. weekly occupancy improves after winter downturn


U.S. weekly hotel occupancy reached its highest level since late October, according to STR's latest data through 20th February.  

For the week of 14-20  February, occupancy dropped 23.8 percent to 48.1 percent compared to the same week in 2020, while average daily rate dropped 22.1 percent to $101.57. Revenue per available room reached $48.82, down 40.6 percent year over year.

Read the full version of this article in our sister publication Hotel Management