Peak occupancy this past week took place on Thursday the week prior to Thanksgiving, hitting 60.3% that day. Friday saw an appreciable drop, as usual, to 36.6%, more or less the same as the week prior. While Austin TX saw an uptick Friday (up 3.3 points, to 51.3%), most cities were either flat or down a bit from the week prior suggesting the holiday was already acting as a mild drag on office work. Thanksgiving week saw occupancy collapse in city after city, down nearly 9 points on Monday, 20 points on Tuesday, and nearly 37 points on the Wednesday before Thanksgiving. Austin TX stood out with a more than 51 point drop on that day. Chicago experienced a nearly 48 point drop, and New York was nearly 45 points below the Wednesday prior.
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