Hotel Industry Posts Gains Despite Lower Occupancies

Despite a downturn in occupancy levels, U.S. hotels posted increases in both average daily rate and revenue per available room for the month of July, according to Smith Travel Research.

In year-over-year measurements, occupancy fell 2.1 percent to end the month at 69.3 percent, while ADR increased 2.5 percent to $106.50, and RevPAR for July increased 0.4 percent to $73.81.

“Occupancy declined, due primarily to continued supply growth, but room demand [room nights sold] actuall

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