Smith Travel Research Projects New Numbers

The latest statistics from Smith Travel Research reveal the extent to which the September 11 terrorist attacks and subsequent Anthrax scares have impacted the hotel industry through the end of this year and, potentially, through year-end 2002.

According to STR President Mark Lomanno, 2001 occupancy rates had been projected at 63.7 percent before September 11—that figure has been revised downward to 60.7 percent as a result of the attacks. Similarly, STR has set average daily rate proj

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