Hotel room rates in the top-25 most popular U.S. destinations are averaging $203.56 this March, up from $182.02 in February, according to online hotel rooom price indices from trivago's unique global multi-provider platform.
Job openings were little changed at 5.6 million on the last business day of January 2017. Over the month, hires and separations were little changed at 5.4 million and 5.3 million, respectively. Annual levels and rates for 2016 are now available.
During February 2017, European hotels experienced a 2.9% occupancy increase to 64.5%, a 1.8% ADR increase to 100.08 ($108.01) and a 4.7% RevPAR increase to 64.59 ($69.71).
The region reported 264,519 rooms in 1,147 projects In Construction for the month. Based on number of rooms, that is a 1.5% increase in year-over-year comparisons.