Posted at 11:18 a.m., Wednesday, July 25, 2007
U.S. hotel revenue rose in latest week
Advertiser Staff
U.S. hotels' revenue per available room rose 5.7 percent in the week ended July 21 from the same period a yearearlier, according Bloomberg News.
The report said Smith Travel Research reported RevPar of $79.79 compared with the $75.49 of a year earlier. The number of hotel rooms occupied was 76.1 percent, or slightly below a year earlier's 76.2 percent.
