The Hillsborough River and downtown skyline in Tampa, Florida. (Photo credit Keir Magoulas, Visit ... [+] Tampa Bay) Keir Magoulas | Visit Tampa BayKey FactsAt 51%, Tampa and St. Petersburg had the highest average occupancy rate between January and November of any of STR’s top 25 U.S. travel markets. Phoenix was in second place at 50.3% average occupancy, followed by San Diego (50.0%), Los Angeles (49.9%) and Norfolk and Virginia Beach, Virginia (49.8%). That was the average hotel occupancy rate for all top 25 U.S. travel markets between January and November, according to STR, versus 74% during the same period in 2019. Travel markets beyond the top 25 areas fared slightly better, at an average occupancy rate of 45.2%, and the average occupancy rate in the U.S. overall was 44.7%, as compared to 67.1% in 2019.

Source: Forbes December 27, 2020 12:00 UTC