STR Weekly Insights: 23-29 April 2023 ...Middle East

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STR Weekly Insights: 23-29 April 2023
source : hospitality net ( Middle East ) () 36
U.S. hotel industry occupancy slipped 0.5 percentage points (ppts) from the prior week to 66.6% in the period ending 29 April. Despite the small, seasonal decline, the week still produced this year’s third best occupancy level thus far. One added long-term indicator is that total room demand (almost 26 million room nights sold) was the highest ever for the particular week, just edging out the 2019 comparable by 30,000 rooms.

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