STR reports that revenue per available room in the U.S. grew by 9.2 percent to $82.93 in the third quarter amid a 3.8 percent rise in occupancy and a 5.2 percent increase in average daily rate. Demand growth overtook supply during the quarter, rising 4.8 percent against a 0.9 percent increase in supply. STR said that year-over-year revPAR growth for September was the second-highest in 2014 and that the nearly 98 million room nights sold was the highest-ever recorded for that month. Read the Hotel Management online story here