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U.S. hotel demand jumped in week-over-week comparisons thanks to a travel boost leading into the New Year’s holiday. TSA checkpoint counts showed eight days in a two-week span with more than 1 million passengers. Substantial demand growth is not expected to continue as leisure travel once again dissipates after the holidays.
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Overall, December preliminary data shows RevPAR comparisons aligned with the worsened performance of Q4.
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