STR Weekly Insights: 14-20 January 2024 ...Middle East

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U.S. hotel occupancy came in at 52.2%, down 1.1 percentage points (ppts) from the previous week. The dip was expected due to the MLK holiday. The year-over-year decline in the metric (-2.1ppts) was not anticipated but can be attributed, in part, to the severe winter weather that impacted most of the country during the week.

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