Hotel industry posted strong summer performance, STR says

10/6/2011 |

The summer season provided strong growth opportunities for the hotel industry as consumers returned to travel, STR reports. Occupancy rose 3.5%, to 67.9%, for the summer, while average daily rate climbed 3.7%, to $102.50. Revenue per available room went up more than 7%, to $69.57, in the same period, STR data show.

View Full Article in:

Published in Briefs: