COVID-19 Post for June 15th – Current Situation for U.S. Hotel Market

COVID-19 Post for June 15th – Current Situation for U.S. Hotel Market

The hotel market has experienced a continued rebound from the bottom week of April 5-11. Occupancy has increased by 2.3% per week, on average, since. Occupancy is expected to surpass 40% next week, which is ~20% point change since the lowest week when national occupancy hit 21%.

See attached for our review of STR’s stats.