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Monday, March 9, 2015
In this article from The NY Times - The standard measure of hotel performance fell sharply by 12.9 percent, according to STR, a leading hotel research company. Average occupancy fell 4.7 percentage points to 68 percent, and average daily room rates decreased 8.6 percent, to $190.16 from $208.11.
For more on this artilce click on the link below:
