CBRE: U.S. RevPAR, occupancy down in Feb.
Hotel Business
APRIL 15, 2024
decrease in occupancy, which was driven in part by a 1.3% While consumers have the means to travel, dwindling COVID savings and below-average savings rates could be a headwind going forward. decrease in occupancy, which was driven in part by a 1.3% Food for thought Short-term rentals continued to take market share in February.
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