US hotel occupancy rises to 44%, but top markets still lag

The good news is that hotel occupancy across the country rose for the 10th consecutive week. The bad news is the overall rate is still very low. And in some major markets like New York, it actually dropped. About 44 percent of hotel rooms in the U.S. were occupied for the week ending June 20, that’s two percentage points above from the previous week’s total, according to hotel data tracker STR. It’s also twice the

source https://therealdeal.com/2020/06/24/us-hotel-occupancy-rises-to-44-but-top-markets-still-lag/