Hotel Tech Update Your Update on Hotel Tech, Daily!
STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast but the forecast for 2021 remains functionally unchanged and full RevPAR recovery is unlikely until 2024.
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U.S. Weekly Hotel Occupancy Climbed Back to the 40% Mark for Week Ending January 16th
Aggregate data for the Top 25 Markets showed lower occupancy (38.4%) but higher ADR (US$95.94) …