Hotels in the US are struggling with sliding occupancy

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WASHINGTON, DC – Hotels in the United States continue to struggle despite the recovering US economy.

The island of Oahu in Hawaii is hardest hit, with occupancy falling to 43.8 percent.

Oahu, which is home to Honolulu, and with it Waikiki, fell from 46.1 percent a week earlier to 43.8 percent.

The statistics come from the heavyweight industrial monitor STR.

The best performer in the US for the week of September 26 to October 2, 2021 was Phoenix, Arizona, which posted a 66 percent occupancy rate, 1.8 percent more than the previous week.

Nationally, U.S. hotels recorded 61.7 percent, a whopping 9.7 percent decrease from the same week in 2019 that was prior to the pandemic.

The average daily rate was $ 130.87, up 1.2 percent from two years ago and barely keeping pace with inflation.

Revenue per available room decreased 8.2 percent to $ 80.78.

Miami saw the largest increase in the daily rate, up 20.6 percent to $ 174.10.

Among the top 25 markets, Phoenix recorded the only 1.8 percent increase in occupancy compared to 2019 to 66 percent. The market also saw the largest RevPAR gain compared to 2019, up 15.2 percent to $ 88.82. Oahu Island, Hawaii saw the largest drop in occupancy since 2019, down 43.8 percent to 46.1 percent.

Miami reported the largest increase in ADR compared to 2019, up 20.6 percent to $ 174.10.

The worst performers were San Francisco in California with a minus of 52.6 percent to 97.51 US dollars and Oahu with a minus of 50.1 percent to 94.06 US dollars.

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