Briefs: U.S. occupancy peaks | Vacasa to go public

U.S. weekly occupancy peaks: U.S. weekly hotel occupancy reached its highest level since October 2019, while room rates hit an all-time high, as per STR’s latest data through July 24. Occupancy: 71.4% (-7.8%) Average daily rate (ADR): US$141.75 (+4%) Revenue per available room (RevPAR): US$101.24 (-4.2%) ADR, while an all-time high on a nominal basis, comes in at a real value of US$136 when adjusted for inflation, shy of the record in 2019. Both occupancy and ADR played a role in RevPAR reaching its highest level since July 2019 on a nominal basis. Among the top 24 markets, Tampa saw the…
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