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US Hotel Industry Forecast Adjusts in Response to COVID-19 Winter Surge and Anticipation of Vaccines

CBRE Hotels Research is forecasting an average national occupancy level of 44.4 percent during the first half of 2021. This measure increases to 55.7 percent during the year’s second half.

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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) …