The U.S. hotel industry reported all-time lows in occupancy and revenue per available room in 2020 with year-over-year declines the worst on record across the three key performance metrics. Occupancy averaged 44 percent, down 33.3 percent from 2019; average daily rate was $103.25, down 21.3 percent; and revenue per available room was $45.48, down 47.5 percent.