The U.S. hotel industry reported decreases in all three key performance metrics during the week of 23-29 December 2012, according to data from STR. In year-over-year comparisons, occupancy was down 7.2 percent to 45.4 percent, average daily rate fell 1.6 percent to US$106.57 and revenue per available room decreased 8.7 percent to US$48.34.Continue Reading...
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