Hotel occupancy is up for fifth week in a row

Hotel occupancy increased for the fifth week in a row, though the industry remains in a deep rut. U.S. hotels saw nearly 11 million room nights during the week ending May 16, bringing occupancy up a little more than two percentage points from 32.4 percent the week prior, according to the latest figures from hospitality data firm STR. Still, occupancy was down roughly 54 percent from the same time last year. STR senior vice president

source https://therealdeal.com/2020/05/20/hotel-occupancy-is-up-for-fifth-week-in-a-row/