Have U.S. hotels turned the corner? U.S. hotel room demand has increased in 20 of the past 21 days, something that has not happened since January 2023. In the week of Feb. 15-21, room demand grew 3.8%, the largest weekly increase since New Year’s week.As a result, U.S. hotel revenue per available room surged by 6.2% with a healthy 3% gain in average daily rate. Demand, ADR and RevPAR have all incr…
US hotel demand resurges, possibly teasing a strong February
