Join      Renew    Calendar    Donate    Login
Hospitality Minnesota
  • 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

STR Summary for March 2021

4/23/2021

 
​The state of Minnesota recorded a year-over-year RevPAR increase of 13.6% in March 2021 compared to March of the previous year, when business closures for the COVID-19 pandemic initially went into effect. This year-over-year increase, however, lagged the national average, which showed a 34.4% improvement in RevPAR for the month of March 2021. 

Greater Minnesota markets, led by Duluth and Rochester, continued to outperform the Twin Cities. Duluth remained the top performing market in the state with year-to-date RevPAR of $40.00 through March, which is just 7% below the level that Duluth recorded in the first quarter of 2020. 

The Minneapolis-St. Paul market continued to gradually improve, recording its strongest month of the year in March 2021. The market’s RevPAR in March of $29.85 represented nearly a 50% increase from just two months prior. For the fourth consecutive month, going back to December 2020, every submarket in the Twin Cities has increased both its RevPAR and occupancy levels.

Comments are closed.
    Thanks to our STR Report Sponsor:
    Picture
    Access to the monthly
    ​STR Reports is done in partnership with Explore Minnesota Tourism.
    Only the latest report is available at any time.
    ​If you need assistance, contact info@hospitalitymn.com.
    ARCHIVE
    Each month's post summarizes the STR data for the previous month.

    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021

    RSS Feed

Picture
Picture
Security, Refund and Privacy Policy
2520 University Av SE 
Suite #201 
Minneapolis  MN  55414
Phone: (651) 778-2400 | info@hospitalitymn.com

2022© Hospitality Minnesota.  All Rights Reserved.
Picture
  • 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