US hospitality: “Revenue growth is not keeping up with rising costs”
The US hotel industry registered record-breaking performance levels during 2019 but its lowest growth rate in revenue per available room (RevPAR) since the current cycle began in 2010, according to data from STR. The absolute ADR and RevPAR values were the highest STR has ever benchmarked. The industry also set records for supply (more than […]
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