STR Weekly Insights: 21-27 May 2023 ...Middle East

Weekly U.S. hotel occupancy (66.8%) exceeded the matched week last year by a slim margin of 0.4 percentage points (ppts) with an expected dip week over week (-0.7ppts) ahead of the Memorial Day holiday. While generally unchanged for the week, there were changes by day of week pointing to stronger mid-week occupancy and softer weekend occupancy compared to last year.

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