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STR: Occupancy drops some for U.S. hotels in week of May 8

The slight week-over-week decline was due to an increase in supply

STR: Occupancy drops some for U.S. hotels in week of May 8

A RISE IN supply led to a slight week-over-week decline in U.S. hotel performance during the first full week of May. Demand was still rising, however.

Occupancy was 56.7 percent for the week ending May 8, down from 57.1 percent the week before. ADR for the week was $110.19, up from $108.80 the week before, and RevPAR rose to $62.50 from $62.13.


“Demand was up week over week, but an increase in supply from both reopenings and new properties pulled national occupancy down,” STR said. “Major markets, such as New York City and San Francisco, are showing the most movement with properties coming back online.”

STR’s top markets together saw 54.3 percent occupancy, lower than the national average, and ADR was higher than the average at $119.14. The highest occupancy rates were in Miami with 72 percent and Tampa with 69.8 percent. The lowest occupancy was in San Francisco and San Mateo, California, with 40.9 percent and Boston with 42.3 percent.

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Hunter Hotel Advisors Rebrands With Simpler Identity, Logo

Hunter rebrands toward simplicity

Summary:

  • Hunter is rebranding with a simplified name and updated visual identity.
  • The Atlanta-based firm was founded in 1978 by Bob Hunter.
  • The company surpassed $1 billion in hotel sales with 76 transactions as of mid-November.

HUNTER ADVISORS UNVEILED a rebrand to reflect its growth and long-term plans in hotel-investment advisory. The update shortens the name, revises the visual identity and unifies the brand across the firm and the annual Hunter Hotel Investment Conference.

The evolution, in development since 2024, includes the launch of hunteradvisors.co and hunterconference.co, unifying the firm’s advisory and conference platforms. Founded in 1978, the company has advised hotel owners and investors for nearly five decades.

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