STR Weekly Insights: 15-21 September 2024 ...Middle East

In the week ending 21 September 2024, U.S. hotels saw revenue per available room (RevPAR) rise 2.5% with the bulk of the increase coming from average daily rate (ADR), up 2.0%. More than 60% of the industry’s weekly demand gain came from the Top 25 Markets, where RevPAR increased 3.1% on a slightly higher gain in ADR (+1.9%) than occupancy (+1.2%). RevPAR in all other markets also grew (+2%) via ADR. Industry occupancy increased to 68.9%, the first time above 68% since early-August.

Hence then, the article about str weekly insights 15 21 september 2024 was published today ( Monday 30/09/2024 - 10:56 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.

Read More Details
Finally We wish PressBee provided you with enough information of ( STR Weekly Insights: 15-21 September 2024 )

Also on site :

• Stunning ISS Photo of Florida, Cuba Captures & 039;Moonglint& 039;
• A Shockingly Recent Year Just Cracked the Top 5 of Rock's Most Legendary Years
• Saudi-led coalition strikes Yemeni port over unauthorised weapons shipment