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STR: First week of February sees flat performance

Super Bowl boosts occupancy in Tampa, Florida, area

STR: First week of February sees flat performance

THE FIRST FULL week of February saw mostly flat performance by U.S. hotels, according to STR. However, the Super Bowl did boost occupancy for host city Tampa, Florida.

Occupancy for the week ending Feb. 6 was 40.9 percent, up slightly from 40.4 percent the previous week and down 30.5 percent from the same week in 2020. ADR for the week was $91.44, a rise from the prior week’s $89.62 but a 29 percent decline year-over-year. RevPAR finished at $37.44 compared to $36.23 the week before and down 50.6 percent from 2020.


Lifted by Super Bowl LV, Tampa/St. Petersburg, Florida’s 62.9 percent occupancy was the highest among the top 25 markets.

“Among STR-defined submarkets, Tampa East, with 90.4 percent, saw the highest spike in Friday/Saturday occupancy, while Tampa CBD/Airport posted the highest ADR at $379 on those nights,” STR said. “STR will release a more detailed Super Bowl analysis following next week’s data processing, which will include the night of the Super Bowl Sunday.”

With 23.4 percent, Oahu Island, Hawaii, continued to see the lowest occupancy rate among the top 25, followed by Minneapolis/St. Paul, Minnesota-Wisconsin, with 28 percent.

Overall, the top 25 showed lower occupancy, 38.9 percent, but higher ADR, $99.20, than all other markets.

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Dallas Leads U.S. Hotel Pipeline Growth in Q3

LE: Dallas leads U.S. hotel pipeline in Q3

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  • Dallas leads the U.S. hotel pipeline in the third quarter with 197 projects, LE reported.
  • Nationwide, 490 new hotels with 57,479 rooms opened during the quarter.
  • LE analysts forecast New York City will lead in 2025 with 21 openings and 2,771 rooms.

DALLAS LED THE U.S. hotel construction pipeline at the close of the third quarter with 197 projects and 24,310 rooms, according to Lodging Econometrics. Nationwide, renovations and brand conversions total 2,043 active projects with 271,177 rooms.

LE’s “Q3 2025 U.S. Hotel Construction Pipeline Trend Report” found that 490 new hotels with 57,479 rooms opened nationwide during the quarter. The markets with the most openings were Atlanta with 17 hotels and 1,776 rooms; Dallas with 14 and 1,446; New York with 11 and 1,243; Nashville with 9 and 1,198 and Orlando with 8 and 2,827.

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