April 1, 2020
HENDERSONVILLE, Tennessee—Reflecting the continued impact of the COVID-19 pandemic, the U.S. hotel industry reported significant year-over-year declines in the three key performance metrics during the week of 22-28 March 2020, according to data from STR.
In comparison with the week of 24-30 March 2019, the industry recorded the following:
- Occupancy: -67.5% to 22.6%
- Average daily rate (ADR): -39.4% to US$79.92
- Revenue per available room (RevPAR): -80.3% to US$18.05