STR Hotel News Now

So far, we’ve seen two weeks of daily numbers in October, and it’s safe to say there’s good news on the horizon. The first week, 27 September through 3 October (week No. 35 of 2009), there were positive signs. Ten of the top 25 markets experienced occupancy growth for the week (see below). Transient occupancy percent change was positive for the total U.S. (4.9 percent), as well as the luxury (8.8) and upper upscale (6.5) groups. Seven of the nine regions experienced transient occupancy growth, as well as the urban location group (5.6 percent).

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