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STR: US hotel demand could recover to 4Q2019 level in mid-late 2022, but RevPAR continues to lag
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22 January 2021

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Hotel market researchers STR have predicted as of the end of 2020 that US hotel demand could recover to end-of-2019 levels in mid-to-late 2022.

But RevPAR (based on total room inventory, which assumes no temporary hotel closures) may not recover to end-of-2019 levels until some time in 2024.

At the end of last week, US hotel occupancy was 40.1% overall. Of Top 25 markets - which in aggregate continue to perform less well than smaller markets as travelers avoid major cities - Tampa/St Petersburg had the highest occupancy (53.8%). Nationwide ADR and RevPAR were both down year-on-year from January 2020.


David Boggs President/CEO ACRO Global|Publisher Tourism Marketer
David H. Boggs
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