June 2021 showed encouraging signs of continued regrowth of travel, though much like May was short of performance seen prior to COVID. It was the best month for hotel demand since June 2019, off by 4% comparing 2021 and 2019. Demand measures room nights consumed rather than number of guests, suggesting some of the improvement could be related to longer stays rather than increases in visitation.
Year over year performance was up significantly from the pandemic summer of 2020. Occupancy was 85%, up 70% from the year prior. ADR and RevPAR saw similar gains, up 60% and 173% respectively. Most encouraging, the gap in performance 2019 versus 2021 held steady. This is worth watching since two best months for many metrics are typically July and August.
View May 2021 report.
Not familiar with these terms? There's a guide to hotel performance.
