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STR Summary for January 2021

2/26/2021

 
​Minnesota’s hotel market began the new year with continued, gradual improvement over previous months’ performance, with statewide occupancy recorded at 30.6% in January 2021. Although this figure represented a 34.7% decrease from the same month of the previous year, it was a significant step up from December 2020 levels in the state. Minnesota’s statewide occupancy, ADR, and RevPAR in January 2021, however, all lagged national averages.  

The state’s top performing market in January was Rochester with $35.79 RevPAR. Rochester and other greater Minnesota markets like Duluth and St. Cloud recorded relatively minor downward adjustment to ADR in January 2021 compared to the 29.2% year-over-year decrease in ADR that the Minneapolis-St. Paul market experienced. 

January 2021 occupancy and RevPAR levels in the Twin Cities represented month-over-month improvements of 11.0% and 15.3%, respectively, as the market continued a gradual recovery through the winter months.

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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 >
      • Awards >
        • Hall of Fame Inductees
        • Of The Year Awards
    • NewsCenter
    • Contact Us