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U.S. resort markets are steadily returning to peak performance, STR reports. The segment saw a 6.1 percent growth in revenue per available room, a 2.7 percent rise in occupancy and a 3.3 percent increase in average daily rate in August year to date, STR says. STR attributes the improvement in average daily rate to solid increases in transient demand and minimal supply growth. Read the HotelNewsNow.com story here.
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