U.S. Hotel Rates Hit Record High

Travelers appear to be continuing their return to hotels and they are paying record rates for rooms.  According to hospitality data provider STR, the national average daily rate for a room in March was $146.61, the highest for any month on record.  STR did note, however, that when adjusted for inflation, the March ADR was about 2% below the same metric for March 2019.

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