Virginia market revPAR jumped highest in previous week, STR says

04/19/2012 | HotelNewsNow.com

A 30.4% rise in revenue per available room and an 18.6% jump in occupancy in the Norfolk-Virginia Beach, Va., hotel market marked the highest gains in these metrics during the week of April 8-14, STR reports. For the U.S., revPAR dipped slightly by 0.7% during the week, while average daily rate rose 0.8% and occupancy fell 1.5%.

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