Equity Analysis /
United States of America

US : Hotels - Lodging | Lodging Weekly: RevPAR Down 53.6% Last Week

    Contributors
    Ronak Patel
    Alexander Sierra
    CGS-CIMB
    20 January 2021
    Published byCGS-CIMB

    As reported today by STR, U.S. industrywidehotel RevPAR decreased 53.6%last week (week ended January 17) from year-ago levels. Last week’s results came against a tough year-ago weekly comp of +6.4%. Weekly results show that the holiday-inspired boost to travel and hotel demand has passed, and we ha