Room rates will continue to fuel hotel growth in 2013

TravelClick’s North American Hospitality Review for February indicates that average daily rate will continue to be responsible for growth in the hotel industry this year. The study found that average daily rate for February this year through January 2014 will rise 3.4 percent, as committed occupancy and revenue per available room are up 2.1 percent and 5.5 percent, respectively. Read the TravelPulse story here.

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