Business & Tech
Northfield Chamber Of Commerce & Tourism: STR Releases Lodging Data For December 2021
See the latest announcement from the Northfield Chamber of Commerce & Tourism.
January 20, 2022
From Hospitality Minnesota: The Lodging, Restaurant, Resort and Campground Association
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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%.
Find out what's happening in Northfieldfor free with the latest updates from Patch.
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.
This press release was produced by the Northfield Chamber of Commerce & Tourism. The views expressed here are the author’s own.
