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US hotel industry posts key increases

US hotel industry posts key increases

23 November 2010 Press Release Hotel News Tourism News

The U.S. hotel industry posted increases in all three key performance measurements during October 2010, according to data from STR. In year-over-year measurements, the industry’s occupancy was up 6.9 percent to 61.3 percent. Average daily rate ended the month with a 1.2-percent increase to US$100.89. Revenue per available room for the month rose 8.2 percent to finish at US$61.89.