According to Smith Travel Research, things are looking rosier all the time for the U.S. hotel industry:
U.S. Hotels posted an 8.9% rise in room revenue for the week ended March 12 compared with a year earlier, according to Smith Travel Research.
Occupancy rose 2.7 percentage points to 65% of rooms, while hotel room rates rose six percent to $92.95, taking RevPAR up 8.9% to $60.38.
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