Live Breaking News & Updates on Global Hotel Industry Performance Within The Top

Article - Weekly Global Hotel Performance Trends from STR: 20-26 August 2023 - Global occupancy (excluding the U.S.) softened for the second consecutive week to 71.3% as the measure fell 1.1ppts week over week. However, global occupancy continued to see year-over-year growth (+5.5ppts). ADR increased 12% to US$149, resulting in a 21.3% gain in RevPAR to US$106. ....

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