HENDERSONVILLE, Tennessee—The U.S. hotel industry posted declines in all three key performance measurements during November, according to data from STR.
In year-over-year measurements, the industry’s occupancy fell 4.3 percent to end the month at 49.5 percent. Average daily rate dropped 8.3 percent to finish the month at US$93.60. Revenue per available room for the month decreased 12.3 percent to finish at US$46.33.
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