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STR Summary for April 2021

5/27/2021

 
​The hotel market in the month of April 2021 showed dramatic improvement compared to one year ago. Minnesota’s statewide RevPAR of $39.18 in April marked a year-over-year increase of more than 200% against the month of April 2020. Year-to-date RevPAR in Minnesota, however, lagged 2020 RevPAR through April by 13.1%. National year-to-date RevPAR, by comparison, was down 6.0% through April. 

Duluth continued to lead the state in April with $50.85 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 19.0% higher than the first four months of 2020, driven by a 16.5% increase in occupancy in 2021. 

The Minneapolis-St. Paul market extended its run of improved performance in April with a 23.0% month-over-month increase in RevPAR compared to March 2021. The Bloomington market led the metro area in April with occupancy exceeding 50% for the month. Through April, the Twin Cities’ year-to-date RevPAR is still 28.6% below the level recorded in the first four months of 2020, as the industry’s gradual recovery will continue into the summer.
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  • Membership
    • What Members Say
    • Join Forms >
      • Operator Form
      • Allied Business Form
      • Tourism Partner Form
    • Login to Renew
  • Engagement
    • Programs and Events
    • Education and Training >
      • ServSafe
      • Sex Trafficking Prevention
    • Volunteer
    • Allied Members >
      • Allied Network
      • Become a Partner
      • Advertise with Us
    • Calendar
  • Advocacy
    • At the Legislature >
      • 2023 Legislative Agenda
      • 2023 Days at the Capitol
      • Capitol Updates
    • Advocacy Action Center >
      • Contact Your Elected Officals
      • Advocacy Group
    • Issue Briefs
    • HOPAC
  • Resources
    • Hospitality Law Review
    • Reports and Guidance >
      • Economic Snapshots
      • Monthly STR Summaries
      • Jobs Reports
    • Vendor Directory
    • BusinessCenter
  • HMEF
    • About the Foundation
    • Our High School Programs >
      • Pro Start
      • HTMP
    • HMEF Resources >
      • For Educators >
        • DEED Grants Through HMEF
        • ProStart Educators
        • HTMP Educators
      • For Students >
        • Next Generation Leader
        • Scholarships
      • For Industry Professionals
    • HMEF Events >
      • Hospitality Career Student Expo
      • Stars of the Future
      • ProStart Invitational
    • Support HMEF
  • About
    • About the Association >
      • 20-21 Accomplishments Report >
        • Key Accomplishments
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    • NewsCenter
    • Contact Us