STR Weekly Insights: 25-31 August 2024 ...Middle East

In the week ending 31 August 2024, U.S. revenue per available room (RevPAR) increased for the seventh consecutive week, boosted by both average daily rate (ADR) and occupancy. Group demand in luxury and upscale hotels rose for the seventh straight week as well. All seven days of the week produce positive RevPAR comparisons with weekdays (Monday – Thursday) leading the industry. All chain scales, except Economy, saw RevPAR growth led by weekdays.

Hence then, the article about str weekly insights 25 31 august 2024 was published today ( Monday 09/09/2024 - 10:54 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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