STR: US hotel results week ending 18 August
The U.S. hotel industry experienced positive results in the three key performance metrics during the week of 12-18 August 2012, according to data from STR. In year-over-year comparisons, occupancy ended the week with a 3.6-percent increase to 69.6 percent, average daily rate was up 4.4 percent to US$106.58 and revenue per available room ended the week with an increase of 8.1 percent to US$74.21.
