National hotel occupancy crept back up above the 40 percent mark last week as leisure travelers continued to head to tourism spots in states that are reopening. Occupancy hit 41.7 percent for the week ending June 13, according to STR. With more people staying in hotels in these tourist destinations, operators are beginning to feel confident they can start pushing prices back up. “As we have noted, the drive-to destinations with access to beaches, mountains
source https://therealdeal.com/2020/06/18/us-hotel-occupancy-surpasses-40-and-prices-are-rising/
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