STR Reports Positive Hotel Results

    The U.S. hotel industry enjoyed positive results in the week leading up to this past Independence Day holiday, according to STR data. From June 26 to July 1, compared with the same week last year, occupancy increased 3.8 percent, ADR went up 2.8 percent, and RevPAR rose to $94.80—up 6.8 percent year-over-year. Read more.