COVID-19 Post for June 4th – Current Situation for U.S. Hotel Market

COVID-19 Post for June 4th – Current Situation for U.S. Hotel Market

Another week in the books for the recovery of hotels. Data through May 30 is looking positive again, although with occ/rate increases back to the average of the prior few weeks. Occ now at 36%+ and several of the top markets are over 40%. Economy hotels are still doing the best, relative to their historical norms. Let’s keep the improvements coming!

See attached for our review of STR’s stats.