Hotel Occupancy Slightly Decreases After Labor Day Weekend

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6-12 September 2020 (percentage change from comparable week in 2019):

  • Occupancy: 48.5% (-30.2%)
  • Average daily rate (ADR): US$98.99 (-25.5%)
  • Revenue per available room (RevPAR): US$47.96 (-48.1%)

Occupancy for the week prior was above 49.0%, lifted by Labor Day Weekend. For the week ending with 12 September, demand was 1.6% less, at 17.7 million room nights sold. The highest occupancy markets were those housing displaced residents from Hurricane Laura and western wildfires, with Louisiana North (77.2%) and Louisiana South (76.8%) showing the highest levels in the metric. The Oregon Area (73.7%) and California North (73.3%) markets were also among the top 5 highest occupancy levels for the week.

Aggregate data for the Top 25 Markets showed lower occupancy (43.2%), but higher ADR (US$101.10) than all other markets.

Three markets reached or surpassed 50% occupancy: Norfolk/Virginia Beach, Virginia (58.8%); San Diego, California (57.5%); and Los Angeles/Long Beach, California (56.7%).

Markets with the lowest occupancy levels for the week included Oahu Island, Hawaii (21.1%), and Orlando, Florida (31.6%).

MK

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