STR Weekly Insights: 10-16 September 2023 ...Middle East

U.S. hotel occupancy (67.7%) was both helped and hindered by calendar shifts. Occupancy showed a significant week-over-week increase, up 7.4 percentage points (ppts) from the period that included the Labor Day holiday. At the same time, occupancy was down 1.5 ppts compared to the same week last year due to the shift of the Rosh Hashanah observance, which occurred over the weekend on 15-17 September.

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