STR: Hotel industry’s revenue growth, occupancy rate up in April

The U.S. hotel industry’s year-over-year results indicated a nearly 2 percent increase from 2014, according to data from STR. Revenue growth in April rose to $113.51 from April 2014’s $107.37, while occupancy rates inched up to 76.5 percent last month compared to 75.4 percent. Read the New Orleans CityBusiness story here

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