U.S. flips to positive hotel profit as Europe backslides
U.S. lodge profitability was aided by an ongoing although marginal rise in each occupancy and common price, which led to income per obtainable room (RevPAR) hitting $40.99 within the month, which, although down 78% from a yr in the past, was a 7.3% rise over September and a 365% enhance over April, when RevPAR was at its lowest level at $8.99.
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