Room revenue rises for week ending Feb. 2

02/7/2008 | Reuters

Hotel-room revenue in the U.S. increased by 4.5% for the week ending Feb. 2, compared to the same week a year ago, according to Smith Travel Research. The average room rate increased 4.7% to $107.92 per night while occupancy rates dropped two-tenths of a percentage point to 55%.

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