STR Weekly Insights: 26 October - 2 November 2024 ...Middle East

U.S. hotels produced healthy growth in revenue per available room (RevPAR) for a fourth week in a row. The metric was up 3.1% (all comparisons are year-over-year unless otherwise noted) on equal gains in occupancy and average daily rate (ADR). Performance was lifted by the shift of Halloween from Tuesday last year to Thursday this year as well as corporate travel squeezed in ahead of the U.S. election.

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