Wednesday, September 8, 2010

U.S. Hotel Market Posts Positive Results in August

MIAMI, FL) -- According to the latest industry report from Smith Travel Research (STR), the U.S. hotel industry reported increases in all three key performance measurements during the last week August 2010.

In year-over-year measurements, the industry's occupancy increased 10.6 percent to 60.1 percent. Average daily rate rose 2.4 percent to US$96.50. Revenue per available room increased 13.2 percent to US$57.98.

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