Why Are U.S. Hotel Occupancy Rates Barely Growing?
When it comes to booking travel and hotel stays, the economic outlook can be telling. Following the 2008 global recession, hotel occupancy rates in 2009 dropped to 54.6%, their lowest levels in over 35 years. Since then the number of U.S. travelers has steadily increased year-over-year, with 2017 having the highest rates of hotel occupancy …
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