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Hotels: Occupancy Rate on Track to be 2nd Best Year

From HotelNewsNow.com: STR: US hotel results for week ending 8 OctoberThe U.S. hotel industry reported mixed results in the three key performance metrics during the week of 2-8 October 2016, according to data from STR.In year-over-year comparisons, the industry’s occupancy decreased 1.0% to 70.9%. However, average daily rate (ADR) was up 1.8% to US$127.88, and revenue per available room (RevPAR) increased 0.
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