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U.S. weekly hotel occupancy eclipsed 50 percent for the first time in more than a month at the first week of February, but the index to 2019 was down from the week before, according to STR’s latest data.
For the week of Jan. 30 through Feb. 5, occupancy reached 50.4 percent, down 15.8 percent from the comparable week in 2019. Average daily rate was $125.06, down 1.2 percent, while revenue per available room was $63.05, down 16.8 percent.
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