According to data from STR, the U.S. hotel industry experienced increases in all three key performance metrics during the week of October 9-15, 2011.
In year-over-year comparisons for the week, occupancy rose 2.9 percent to 65.6 percent, average daily rate increased 4.3 percent to US$ 104.76, and revenue per available room finished the week up 7.3 percent to US$68.75.
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In year-over-year comparisons for the week, occupancy rose 2.9 percent to 65.6 percent, average daily rate increased 4.3 percent to US$ 104.76, and revenue per available room finished the week up 7.3 percent to US$68.75.
For more info click here:-
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