0 minute readThe average occupancy rate for this week is close to 65% (during the 2004 to 2007 period), so the current 59.9% is still well below normal. The lower than normal occupancy rate is still pushing down room rates (on a YoY basis) although revenue per available room (RevPAR) increased for the fourth straight week.
Paul Jackson is the former publisher and CEO at HousingWire.see full bio
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Paul Jackson is the former publisher and CEO at HousingWire.see full bio
