Hotels: A Solid Year for Occupancy Rate in 2019, STR Projects further small Occupancy Decline in Q1 2020

From 2019’s weak growth trajectory to continue in Q1 2020 “Q1 2020 should see the fourth consecutive quarterly decline in the national occupancy level and the largest such decline … since Q3 2018,” [said] Mark Woodworth, senior managing director and head of lodging research for CBRE Hotel’s Americas Research … For Q1 2020, STR […]