US RevPar decline grows in October
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TR Number
Date
2020-11-25
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Hotel News Now
Abstract
Although STR reported the U.S. RevPar declining in October, their 2021 forecast has improved with the onset of post Labor Day travel. Additionally, group demand is making a slow comeback with the influx of educational, military, and social groups traveling. Luxury properties also remain the main factor in the industry's developmental pipeline.
Description
Keywords
COVID-19, Pandemic Response, Travel Industry, STR, Vaccine