As various states in the U.S. begin to loosen up lockdown protocols and people begin moving about for a wide variety of reasons, it appears as though hotel occupancy levels are beginning to improve. But despite 4 straight improving weeks, occupancy levels only have finally touched the 30% mark, coming in at 30.1% for the week of May 3-9, according to figures reported by research firm STR.
Previous weekly U.S. weekly occupancy levels:
- April 26-May 2: 28.6 percent
- April 19-25, 2020: 26 percent
- April 12-18, 2020: 23.4 percent
- April 5-11, 2020: 21 percent
All this coming from a recently published article in Hotel Management magazine online.
Quoted in the article is Jan Freitag, STR’s senior VP of lodging insights, “The industry reported its fourth consecutive week-to-week increase in demand as the slow and steady ascent in national occupancy continued,” said Freitag. “More people are flying, as shown in daily checkpoint counts from the [Transportation Security Administration], and more people are staying in hotels for a variety of purposes—the weekly number of rooms sold topped 10 million for the first time since the end of March. The markets benefiting more from leisure sources in areas with more relaxed distancing measures will see a sharper recovery line than others. Overall, the recovery will be uneven across the country.”
To read the entire article from Hotel Management’s Elaine Simon go here:
https://www.hotelmanagement.net/operate/u-s-occupancy-inches-up-for-fourth-consecutive-week
