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Hotels: Occupancy Rate Decreased Year-over-year

From HotelNewsNow.com: STR: US hotel results for week ending 31 August

The U.S. hotel industry reported mostly positive year-over-year results in the three key performance metrics during the week of 25-31 August 2019, according to data from STR.

In comparison with the week of 26 August through 1 September 2018, the industry recorded the following:

Occupancy: -0.4% to 66.7%
• Average daily rate (ADR): +1.4% to US$127.26
• Revenue per available room (RevPAR): +1.0% at US$84.87

Orlando, Florida, saw the steepest declines in occupancy (-21.6% to 52.4%) and RevPAR (-24.1% to US$52.84).

Miami/Hialeah, Florida, posted the largest drop in ADR (-6.6% to US$137.27) and the only other double-digit decreases in occupancy (-10.9% to 60.1%) and RevPAR (-16.8% to US$82.56).

Due to the anticipation of Hurricane Dorian, the three largest hotel markets in Florida each reported significant declines in occupancy on Friday and Saturday.
emphasis added

The following graph shows the seasonal pattern for the hotel occupancy rate using the four week average.

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