The U.S. hotel industry experienced mixed results in the three key performance metrics during the week of 16-22 September 2012, according to data from STR. In year-over-year comparisons, occupancy fell 1.0 percent to 66.0 percent, average daily rate was up 0.3 percent to US$107.82 and revenue per available room ended the week virtually flat with a 0.6-percent decrease to US$71.20.Continue Reading...
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