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PwC US expects occupancy to reach 6-year high

PwC US projects U.S. hotel occupancy to increase to 62.2 percent this year — the highest since the peak level recorded in 2007 — on a 2.2 percent rise in demand. The group also predicts that average daily rate will continue to increase, driving revenue per available room to a 2.6 percent growth this year and a 5.9 percent increase in 2014. Read the TravelPulse story here.

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