STR Weekly Insights: 16-22 April 2023 ...Middle East

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The U.S. hotel industry posted its second highest occupancy rate of the year at 67.2%. That level was just shy of the 2023 occupancy peak (67.5%), set during the week of 12-18 March. Occupancy jumped 3.0 percentage points (ppts) from the prior week (which included Easter Sunday) and 1.5 ppts year over year (YoY).

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