• US hotels up in August

The US hotel industry posted increases in all three key performance measurements during August, according to data from STR.

In year-on-year measurements, the industry’s occupancy was up 6.4% to 63.9%. Average daily rate ended the month with a 1.5% increase to $98.69. Revpar for the month rose 8.1% to finish at $63.08.

See the full release here:
http://www.strglobal.com/

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