Houston showed strongest hotel performance in July, STR reports

08/21/2013 | HotelNewsNow.com

Data from STR indicate that Houston hotels outperformed all other U.S. markets in July, recording a 23.5% increase in revenue per available room. Average daily rate was up 14.1% as occupancy increased 8.2%. RevPAR across the U.S. hotel industry grew 5.8% year-over-year amid an ADR increase of 4.1% and a 1.7% rise in occupancy.

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