Fourth quarter proved profitable for the U.S. hotel industry

The U.S. hotel industry reported increases in all three key performance metrics for the fourth quarter 2013 in year-over-year measurements.

The industry’s occupancy increased 1.8 percent to 57.5 percent; average daily rate rose 3.3 percent to US$110.19; and revenue per available room was up 5.1 percent to US$63.36.


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