Forecast: US hotel occupancy to increase 10 percent in Q1
Despite a slow start to 2013 bookings, the hotel industry is coming to a strong finish for the year and should see improvement in 2014, according to recent analysis. In the final three months of this year, hotel occupancy rates are expected to be up by 4 percent, with revenue per available room gaining 6.5 percent, according to TravelClick. And, hotel occupancy in the first three months of 2014 is projected to rise by more that 10 percent.
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