Labor Day Calendar Shift Pushes U.S. Hotel Performance Lower
U.S. hotel occupancy, average daily rate and RevPAR declined in the week ended September 12, while New York City led major markets with gains.
U.S. hotel occupancy, average daily rate and RevPAR declined in the week ended September 12, while New York City led major markets with gains.
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ARLINGTON, Virginia—The U.S. hotel industry reported negative weekly results due to the Labor Day calendar shift, according to CoStar’s latest data through September 12.
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