Hotels: Occupancy Rate Increased Year-over-Year

From HotelNewsNow.com: STR: US hotel results for week ending 4 August The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 29 July through 4 August 2018, according to data from STR. In comparison with the week of 30 July through 5 August 2017, the industry recorded the following: • Occupancy: +1.0% to 75.3% • Average daily rate (ADR): +3.1% to US$132.88 • Revenue per available room (RevPAR): +4.1% to US$100.07 emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using the four week......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web https://ift.tt/2ORtheS
via IFTTT