Occupancy in U.S. hotels shows uptick amid decline

STR data for April 26 through May 2 showed slightly higher U.S. hotel occupancy compared with previous weeks, but the same significant level of year-over-year decline in the three key performance metrics. In comparison with the week of 28 April through 4 May 2019, the industry recorded the following: Occupancy: -58.5% to 28.6% ADR: -44.0% to US$74.72 RevPAR: -76.8% to US$21.39 Previous weekly U.S. absolute occupancy: April 19-25: 26% April 12-18: 23.4% April 5-11: 21% Aggregate data for the top 25 markets showed larger year-over-year declines than the national averages: occupancy (-64.8% to 27.0%), ADR (-51.1% to US$81.28) and RevPAR (-82.8%…
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