Hotel Performance March 28-April 3, 2021
COVID-19 has directly affected the hotel industry throughout the United States, and Washington County is no exception. We have been seeing decreases directly tied to the decrease in business and leisure travel due to COVID-19 and related travel restrictions and recommendations. Now, more than a year after the pandemic began, we expect to see more increases compared to this time last year.
For March 28-April 3, 2021, Washington County’s hotel occupancy averaged 54.6%, a 127.1% increase from the same period in 2020. The average daily room rate (ADR) during the same period was $90.08, a 3.4% decrease from the same period last year.
The following graphs illustrate the weekly occupancy and ADR trends from January 16, 2021, to April 03, 2021. The slight increase during the week ending February 20, 2021, is directly related to the snow and ice storm in the Portland Metro Region, as those who lost power for long periods stayed in Washington County hotels.
Source: STR April 3