A Review of Hotel Company Key Performance Metrics in 2021
Revenue Per Available Room, Average Daily Rate, Occupancy Trend Upward
The recovery of the hotel industry from the ongoing global pandemic can be measured by improvements to key performance metrics — revenue per available room, average daily rate and occupancy — which dropped precipitously as lockdowns and travel restrictions were imposed in March 2020, and have improved through starts and stops since.
The recovery of the hotel industry from the ongoing global pandemic can be measured by improvements to key performance metrics — revenue per available room, average daily rate and occupancy — which dropped precipitously as lockdowns and travel restrictions were imposed in March 2020, and have improved through starts and stops since.
The below infographics track these metrics as reported by a selection of publicly traded hotel brand companies and real estate investment trusts in quarterly earnings reports, from the second quarter of 2020 through the third quarter of 2021. For comparisons sake, RevPAR and ADR are reported in year-over-year percentage change, while occupancy is shown in actual figures.
For more analysis of hotel key performance metrics in 2021, click here.