Thursday, August 1, 2019

Hotels: Occupancy Rate Decreased Year-over-year, “Hotels’ rocket is losing fuel”

From Jan Freitag at HotelNewsNow.com: June data shows US hotels’ rocket is losing fuel Well, it finally happened, 12-month-moving-average occupancy is no longer at record levels. June 12MMA occupancy at 66.2% was below the May result of 66.3%. Occupancy bottomed out in January 2010 (54.5%), and we had reported consecutively higher annualized occupancies ever since. […]

source https://thebtrader.com/2019/08/01/hotels-occupancy-rate-decreased-year-over-year-hotels-rocket-is-losing-fuel/?utm_source=rss&utm_medium=rss&utm_campaign=hotels-occupancy-rate-decreased-year-over-year-hotels-rocket-is-losing-fuel

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