The U.S. hotel industry experienced increases in all three key performance metrics during the week of 6-12 May 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week virtually flat with a 0.1-percent increase to 62.7 percent, average daily rate increased 4.5 percent to US$105.85 and revenue per available room jumped 4.5 percent to US$66.35.Continue Reading...
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