According to Smith Travel Research (STR), the U.S. hotel industry reported single-digit increases in all three key performance metrics during the week ending January 29, 2011. In year-over-year comparisons, occupancy increased 6.7 percent to 52.0 percent, average daily rate was up 2.7 percent to US$97.63, and revenue per available room finished the week up 9.6 percent to US$50.75
-
Recent Posts
- Real Estate Commissions and Compensation: 2011
- Snowball Selling a Real Threat. Short Sellers Book Profit Before Bernanke
- Residential Mortgage Application Drops in U.S. as Rates Uptick
- Aldar’s 2010 Financial Results Reflect Severity of Abu Dhabi’s Real Estate Slowdown
- The Day Ahead: Bernanke, $24 Billion 10s, GSE Reform Hearing
Categories
Related Posts