STR: American hotels lead global industry rate

Posted on July 23, 2012 by imac

May hotel rates increased the most in properties across the Americas, as all global regions save Africa and the Middle East posted year-over-year rates growth during the same period, STR Global reports. Hotels in the Americas region posted a rate increase of 3.1% in May and a 3.4 percent rise in occupancy. Read the BusinessTravelNews.com here.

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