Global hotel occupancy rising ahead of summer in the Northern Hemisphere ...Middle East

STR’s global "bubble chart" update through 20 May 2023 shows 85% of markets with growth in revenue per available room (RevPAR) compared to 2019. That percentage represents a high mark since measurements against pre-pandemic times began. More notably, however, the gains included a more significant contribution from occupancy growth, as half of all markets surpassed their 2019 comparables.

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