These days hotels are less focused on occupancy – and more on room rates. That’s because even though the number of travelers hasn’t returned to pre-pandemic levels, revenues for some companies nearly have, due in part to rising room rates.
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These days hotels are less focused on occupancy – and more on room rates. That’s because even though the number of travelers hasn’t returned to pre-pandemic levels, revenues for some companies nearly have, due in part to rising room rates.