Growth in Memphis, Tenn., hospitality tops U.S. average

Room supply is up but it’s being outpaced by increasing demand, both nationally and in Memphis, Tenn., July figures from STR show. Memphis’ year-over-year rises of 2.9% in supply and 4.4% in demand compared to overall increases of 1.8% and 2.3%, respectively. Read The Daily News story here

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