STR Weekly Insights: 14-20 May 2023 ...Middle East

U.S. hotel industry occupancy came in at 67.5%, which tied for the highest level of the year with 12-18 March 2023. Occupancy increased 2.4 percentage points (ppts) from the previous week but dipped 1.0 ppts year over year. Most of this decline was due to the calendar shift around Mother’s Day.

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