STR Weekly Insights: 10-16 November 2024 ...Middle East

The week was expected to be strong, but calendar shifts slowed U.S. hotel performance and created almost flat revenue per available room (RevPAR) for the week ending 16 November 2024 (+0.4%). Occupancy increased 0.9 percentage points (ppts), while average daily rate (ADR) declined 1.1%. Three notable calendar shifts occurred – two negative and one positive.

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