A commonly used hotel metric will edge lower in 2022 despite the hospitality sector improving, according to projections for 2022 by CoStar analysts. Convention hotels are expected to see falling average daily rates, a measure of how much revenue is generated per room, as group travel increases. … [Read more...] about 12.8.21: COSTAR PREDICTS REBOUNDING GROUP TRAVEL WHICH MEANS ONE HOTEL METRIC COULD SUFFER
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