​The entire Minnesota market saw an increase of 4.7% in occupancy rates for February compared to the previous month. The Bloomington market led the state with an occupancy rate of 50.5%. The Minneapolis market had the lowest occupancy rate in the state at 28.3%. At a 43.3% occupancy rate, the entire Minnesota market trailed behind the total United States by 13.6%.
 
The February lodging market continued to show improvement compared to one year ago. Minnesota’s statewide February 2022 RevPAR of $45.66 marked a year-over-year increase of 56.5% against February 2021, and year-to-date RevPAR in Minnesota was up from 2021 RevPAR through February by 58.5%. Bloomington led the state in February with $58.41 RevPAR.

​The entire Minnesota market saw a drop of 4.3% in occupancy rates for January compared to the previous month. The Rochester market led the state with an occupancy rate of 45.1%. The Minneapolis market had the lowest occupancy rate in the state at 23.4%. At a 38.6% occupancy rate, the entire Minnesota market trailed behind the total United States by 9.2%.

The January 2022 lodging market continued to show improvement compared to one year ago. Minnesota’s statewide January 2022 RevPAR of $39.57 marked a year-over-year increase of 60.6% against January 2021. Rochester led the state in January with $52.96 RevPAR.

​The entire Minnesota market saw a drop of 2.4% in occupancy rates for December compared to the previous month. The Duluth market led the state with an occupancy rate of 52.2%. The Minneapolis market had the lowest occupancy rate in the state at 30.3%. At a 42.9% occupancy rate, the entire Minnesota market trailed behind the total United States by 10.4%.
 
The December 2021 lodging market continued to show improvement compared to one year ago. Minnesota’s statewide December 2021 RevPAR of $45.36 marked a year-over-year increase of 118.3% against December 2020, and year-to-date RevPAR in Minnesota was up from 2020 RevPAR through December by 50.5%. National year-to-date RevPAR, by comparison, was up 58.1%. Duluth continued to lead the state in December with $68.16 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 55.5% higher than that of 2020, driven by a 33.7% increase in occupancy in 2021.

​The entire Minnesota market saw a drop of 9.7% in occupancy rates for November compared to the previous month. The Mankato market led the state with an occupancy rate over 50%. The Minneapolis market had the lowest occupancy rate in the state at 36.5%. At a 45.3% occupancy rate, the entire Minnesota market trailed behind the total United States by 12.3%. 

The November 2021 lodging market continued to show improvement compared to one year ago. Minnesota’s statewide November 2021 RevPAR of $47.35 marked a year-over-year increase of 96% against November 2020, and year-to-date RevPAR in Minnesota was up from 2020 RevPAR through November by 46.7%. National year-to-date RevPAR, by comparison, was up 54.3%. Duluth continued to lead the state in November with $58.23 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 51.6% higher than the first eleven months of 2020, driven by a 31.4% increase in occupancy in 2021.

The entire Minnesota market saw only a slight drop of 0.8% in occupancy rates for October compared to the previous month. The Duluth, Minnesota North Area and Mankato markets led the state with an occupancy rate over 60%. The Minneapolis market had the lowest occupancy rate in the state at 43.8% but this is an increase by 5.4% compared to the previous month. At a 55% occupancy rate, the entire Minnesota market trailed behind the total United States by 7.9%.
 
The October 2021 lodging market continued to show improvement compared to one year ago. Minnesota’s statewide October 2021 RevPAR of $62.55 marked a year-over-year increase of more than 69.2% against October 2020, and year-to-date RevPAR in Minnesota was up from 2020 RevPAR through October by 43.4%. National year-to-date RevPAR, by comparison, was up 50.6%. Duluth continued to lead the state in October with $109.71 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 49.1% higher than the first ten months of 2020, driven by a 29.2% increase in occupancy in 2021.

​The entire Minnesota market saw a drop of 5.9% in occupancy rates for September compared to the previous month. This is not unexpected with the start of fall and tourism season at a close. The Duluth, Minnesota North Area, Mankato and Minnesota South Area markets led the state with an occupancy rate over 60%. The Minneapolis market had the lowest occupancy rate in the state at 38.4%. Despite this decline in Minneapolis, this rate is still higher than the rate in July. At a 55.8% occupancy rate, the entire Minnesota market trailed behind the total United States by 5.8%, though Minnesota outperformed the total United States in September, year-over-year occupancy percentage change from 29.5% to 27.6%.
 
The September 2021 lodging market continued to show improvement compared to one year ago. Minnesota’s statewide September 2021 RevPAR of $63.37 marked a year-over-year increase of more than 56% against September 2020, and year-to-date RevPAR in Minnesota was up from 2020 RevPAR through September by 40.4%. National year-to-date RevPAR, by comparison, was up 47.3%. Duluth continued to lead the state in August with $119.77 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 54.8% higher than the first nine months of 2020, driven by a 28.1% increase in occupancy in 2021.

​The lodging market in the month of August 2021 continued to show improvement compared to one year ago. Minnesota’s statewide RevPAR of $73.10 in August marked a year-over-year increase of more than 73% against the month of August 2020. Year-to-date RevPAR in Minnesota was up from 2020 RevPAR through August by 38%. National year-to-date RevPAR, by comparison, was up 44.3%. 
 
Duluth continued to lead the state in August with $143.16 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 54.8% higher than the first eight months of 2020, driven by a 32.7% increase in occupancy in 2021. 
 
The Duluth and Minnesota North Area markets led the state in occupancy with over a 75% rate. The Minneapolis market occupancy notably increased in August by 4.6% compared to July but continues to see the lowest occupancy rate in the state at 42.4%. At a 61.7% occupancy rate, the entire Minnesota market narrowed the gap in August with the total United States and only trailed by 1.5%. Minnesota outperformed the total United States in August 2021 occupancy percent change from August 2020 at 40.6% compared to 29.7%. 

​The hotel market in the month of July 2021 continues to show improvement compared to one year ago. Minnesota’s statewide RevPAR of $73.40 in July marked a year-over-year increase of more than 83% against the month of July 2020. Year-to-date RevPAR in Minnesota was up from 2020 RevPAR through July by 31.5%. National year-to-date RevPAR, by comparison, was up 39.6% through July.

Duluth continued to lead the state in July with $143.58 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 60.5% higher than the first seven months of 2020, driven by a 31.3% increase in occupancy in 2021.

The Duluth, Minnesota North Area and Mankato markets led the state in occupancy all with over a 70% rate. The Minneapolis market occupancy increased this month but continues to see the lowest occupancy rate in the state at 37.8%. The occupancy rate for the entire Minnesota market improved in July by 4.3% compared to the month prior. At a 63.5% occupancy rate, the entire Minnesota market is closing the gap with the total United States and only trails behind by 6.1%.

​The hotel market in the month of June 2021 showed improvement compared to one year ago. Minnesota’s statewide RevPAR of $62.70 in June marked a year-over-year increase of more than 106% against the month of June 2020. Year-to-date RevPAR in Minnesota was up from 2020 RevPAR through June by 20.3%. National year-to-date RevPAR, by comparison, was up 27.4% through June. 

Duluth continued to lead the state in June with $110.54 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 59.3% higher than the first six months of 2020, driven by a 37.3% increase in occupancy in 2021. 
 
The Minneapolis market occupancy rate inched up this month but continues to see the lowest occupancy rate in the state at 29.8%. Similarly, the occupancy rate for the entire Minnesota market improved in June by 12.2%. However, at 58.9%, Minnesota’s occupancy rate still trails behind the total United States by 7.2%.

​The hotel market in the month of May 2021 showed improvement compared to one year ago. Minnesota’s statewide RevPAR of $44.66 in May marked a year-over-year increase of more than 130% against the month of May 2020. Year-to-date RevPAR in Minnesota was up from 2020 RevPAR through May by 4.3%. National year-to-date RevPAR, by comparison, was up 12.6% through May.

Duluth continued to lead the state in May with $68.40 RevPAR. The Duluth market’s year-to-date RevPAR in 2021 measured 42.4% higher than the first five months of 2020, driven by a 30.7% increase in occupancy in 2021.

The Minneapolis market continues to see lowest occupancy rate in the state at 24.5%. The occupancy rate for the entire Minnesota market is at 46.7% which still trails behind the total United States by 12.6%. May found a few more markets at over 50% occupancy, specifically Minneapolis South Area, Duluth, Minnesota North Area, Mankato and Minnesota South Area.