U.S. Hotel Occupancy Declines Impact Overall Performance
U.S. Hotel Occupancy Declines Impact Overall Performance U.S. hotel performance is facing headwinds as occupancy rates continue to decline, impacting overall revenue per available room (RevPAR) and average daily rate (ADR). Hotel managers need to stay vigilant and adapt their strategies to navigate these market fluctuations. Occupancy Trends Recent data indicates a consistent downward trend…