U.S. resort occupancy and income per accessible room in March had been the best reported for any month since February 2020, and the March 2021 common day by day charge was the best since March 2020, in accordance with STR.
Occupancy reached 54.6 p.c for March, ADR was $106.08, and RevPAR was $57.87, in accordance with STR. As an alternative of exhibiting the year-over-year change, STR offered comparisons to 2019 information due to the Covid-19 pandemic’s impact on March 2020 information. In contrast with March 2019, March 2021 occupancy was down 20 p.c, ADR was off by 19.7 p.c, and RevPAR declined 35.8 p.c.
Among the many high 25 markets, 13 reported occupancy above 50 p.c final month, in contrast with simply 5 for February. Tampa led at 77.1 p.c, adopted by Miami at 72.7 p.c and Phoenix at 70.8 p.c. Markets with occupancies beneath 40 p.c had been Boston at 35.7 p.c, Minneapolis at 36.1 p.c, Washington, D.C. at 38.7 p.c and Chicago at 39.9 p.c.
STR: U.S. Inns in February Present Month-to-month Enchancment
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