STR Weekly Insights: 26 May – 1 June 2024 ...Middle East

U.S. hotel performance over the week of Memorial Day (ending 1 June 2024) showed a modest 1.0% increase in revenue per available room (RevPAR), all from occupancy, as average daily rate (ADR) was essentially unchanged (+0.1%). The Top 25 Markets amplified this pattern with occupancy increasing 1.6ppts YoY, while ADR for those markets decreased 0.5%, netting RevPAR growth of 2.0%.

Hence then, the article about str weekly insights 26 may 1 june 2024 was published today ( Monday 10/06/2024 - 11:20 AM ) and is available on hospitality net ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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