The U.S. hotel industry experienced increases in all three key performance metrics during the week of 20-26 May 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week with a 4.4-percent increase to 66.9 percent, average daily rate increased 4.4 percent to US$105.57 and revenue per available room jumped 9.0 percent to US$70.67.Continue Reading...
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