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Home E Money

STR: October U.S. Lodge Charges Rise as Corp. Demand Up

Newsican Admin by Newsican Admin
November 21, 2022
in E Money
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Hertz Q3 Income Up, Corp. Demand ‘Particularly Strong’
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Common U.S. resort day by day charges and income per accessible room had been up once more in October—month over month and over 2019—in line with hospitality analytics agency STR. Occupancy rose too, however not sufficient to succeed in pre-pandemic ranges.

October U.S. resort occupancy was 67.2 %—up 0.05 share factors from the month prior, however nonetheless down 2.4 % from 2019. 

October ADR was $155.63, up from $154.32 in September and up 16.8 % from 2019. RevPAR in October elevated about 1.5…



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