U.S. hotels sold a record 113 million room nights in July

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    More evidence that consumers will see hotel rates continue to rise: U.S. hotels sold more than 113 room nights in July, making it “strongest single demand month ever,” hotel industry analyst Jan Freitag tells us on Hotel News Now. Freitag’s a senior veep with industry tracker STR. How many rooms is 113 million? Well, it’s the equivalent of one in three Americans staying in a hotel based on our population of 317 million, he notes. Demand coupled with other factors... Read More » The post U.S. hotels sold a record 113 million room nights in July appeared first on Travel Update.

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