TSA checkpoint counts declined five of seven days last week, but hotel demand increased week over week. The rise in hotel demand of 604,000 was better than the change that STR reported for last week, but week-over-week growth still looks to be slowing.
When comparing weekly ADR percentage changes to each region’s lowest value in the metric, Europe has shown the sharpest ADR upcycle, while China ADR recovery seems to have stalled out.
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The Center for Hospitality Research
School of Hotel Administration, Cornell University
149 Statler Hall
Ithaca, NY 14853
