Hotel Industry Revenue Figures Remain Flat

Hotel-industry trend-watcher Smith Travel Research reports that national Revenue Per Available Room (RevPAR) continues to sputter. For the week ending July 20, RevPAR was down to $59.99-off 5.3 percent from the same period last year.

STR also released its final year-to-date numbers for June, which revealed some optimistic news for the year overall. During the first five months of 2002, STR reports that industry revenue was down 7.4 percent--but that June saw a significant slowdown in

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