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STR: Labor Day pulls U.S. hotel performance down in week of Sept. 10

Orlando reported the only occupancy increase

STR: Labor Day pulls U.S. hotel performance down in week of Sept. 10

USA Labor Day : THE LABOR DAY calendar shift pulled U.S. hotel performance down in the second week of September, compared to the week before, as expected, according to STR. The weekly performance was also down when compared to 2019.

Occupancy was 61.7 percent for the week ending Sept. 10, down from 62.8 percent the week before and decreased 11.2 percent from 2019. ADR was $146.80 for the week, down from $147.14 the week before and increased 10.6 percent from three years ago. RevPAR reached $90.50 during the week, dipped from $92.45 the week before and decreased 1.8 percent from 2019.


Orlando reported the only occupancy increase, up 1.5 percent to 59.3 percent, among STR’s top 25 markets, when compared to 2019.

Miami reported the largest ADR gain, increased 34.1 percent to$175.85, over 2019.

The steepest RevPAR decline was reported in San Francisco, down 39.6 percent to $137.61, and Washington, D.C, down 39.6 percent to $84.92, over 2019.

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Vision to Manage SpringHill Suites in Goose Creek, S.C.

Vision to manage SpringHill Suites Goose Creek, S.C.

Summary:

  • Vision Hospitality to manage 109-room SpringHill Suites Goose Creek, opening 2027.
  • The property is being developed by Clarendon Properties and CRAD.
  • It features 1,000 square feet of meeting space.

VISION HOSPITALITY GROUP Inc. will manage the SpringHill Suites by Marriott Goose Creek. The 109-room hotel is scheduled to open early 2027 in Summerville, South Carolina.

The hotel is being developed by Clarendon Properties LLC in partnership with Commercial Realty Advisors Development. The project marks a new management collaboration between Vision and the developers, Vision said in a statement.

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