HENDERSONVILLE, Tennessee—The U.S. hotel industry reported higher performance from the month prior, according to May 2023 data from STR. U.S. Hotel Performance May 2023 Occupancy: 64.8 percent (down 0.2 percent) ADR: $156.25 (up 3.8 percent) RevPAR: $101.31 (up 3.7 percent) Among the Top 25 Markets, New York City experienced the highest occupancy level (84.0 percent…
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