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