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Houston and Las Vegas accounted for 32% of the total room demand decline among markets reporting losses. – Image Credit Unsplash U.S. hotel performance in early June shows a decline in demand, with significant regional variations and potential risks in average daily rates. Current Performance Trends The U.S. hotel industry experienced a decline in performance during the week of June 8-14, marking the third consecutive week of reduced demand. This downturn comes at a time when the early-summer travel season was anticipated to boost hotel occupancy rates. However, the national averages do not tell the whole story, as regional disparities…
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