U.S. hotel performance came in higher than any other Thanksgiving week on record, according to STR‘s latest data through November 27.
November 21-27, 2021 (percentage change from comparable week in 2019*):
- Occupancy: 53.0% (+4.6%)
- Average daily rate (ADR): $128.41 (+14.3%)
- Revenue per available room (RevPAR): $68.00 (+19.6%)
Among the Top 25 Markets, Dallas saw the largest occupancy increase over 2019 (+12.2% to 54.8%).
Oahu Island experienced the steepest occupancy decline from 2019 (-25.3% to 58.5%).
Phoenix reported the largest ADR increase when compared with 2019 (+35.1% to $143.30).
None of the Top 25 Markets posted lower ADR decline than the 2019 comparable.
The largest RevPAR deficits were in Oahu Island (-20.7% to $147.63) and San Francisco/San Mateo (-18.1% to $76.37).
*Due to the steep, pandemic-driven performance declines of 2020, STR is measuring recovery against comparable time periods from 2019.
https://www.costar.com/article/619557346/str-thanksgiving-boosts-us-weekly-hotel-performance
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