Even with Staffing Issues, Hotels See Strong Rate Gains
MeetingsNet
APRIL 7, 2023
February and March stats show guest-room rates considerably higher than the same period in 2019. percent lower in February and March 2023 than in February and March 2019—but average daily rates were 14 to 20 percent higher in Q1 2023 versus Q1 2019. Here’s an interesting conundrum: Hotel-room occupancy rates in the top 25 U.S.
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