Thursday 20 August 2020

US hotel occupancy hits highest point since mid-March

As travelers throughout the U.S. try to make the most of a surreal summer, hotel occupancy has slowly improved, and has finally hit the 50 percent mark for the first time since mid-March. While overall occupancy has risen for 17 of the last 18 weeks, growth in demand has slowed, according to the latest occupancy rate from industry tracker STR. Occupancy is also about 30 percent below the same time last year. The latest data



source https://therealdeal.com/2020/08/20/us-hotel-occupancy-hits-highest-point-since-mid-march/

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