The hotel industry saw marginal improvements in the third quarter, with occupancy and revenue per available room improving slightly from second-quarter numbers. According to Smith Travel Research, occupancy climbed to 60.5 percent, up from 58 percent in the second quarter. However, third-quarter occupancy rates are still 8 percent lower than in the third quarter of 2008. RevPAR increased slightly, to $59, up from $56 in the second quarter but down 17 percent from the third quarter of 2008. ...

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