U.S. hoteliers see boost in occupancy but restrained pricing power

U.S. hoteliers see boost in occupancy but restrained pricing power The U.S. hotel industry saw year-over-year gains in both average daily rate and occupancy during October, according to STR. Occupancy increased 1.6 percent to 69.6 percent and ADR rose 2.5 percent to $130.20. Source: Hotel Marketing U.S. hoteliers see boost in occupancy but restrained pricing power