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Hotels: Occupancy Rate Decreased Year-over-year

1 month ago   |   By Calculated Risk

From HotelNewsNow.com: STR: US hotel results for week ending 10 August
The U.S. hotel industry reported mostly negative year-over-year results in the three key performance metrics during the week of 4-10 August 2019, according to data from STR.
In comparison with the week of 5-11 August 2018, the industry recorded the following:
• Occupancy: -1.4% to 74.1%
• Average daily rate : +0.4% to US$133.36
• Revenue per available room : -1.0% at US$98.88 emphasis added The following graph shows the seasonal pattern for the hotel occupancy rate using the four week average.
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U.S. whiskey exporters struggle after year of EU tariffs

U.S. whiskey exporters struggle after year of EU tariffs

1 month ago   |   By Reuters

When Europe's tariffs on U.S. whiskey hit in June 2018, craft distillery Mountain Laurel Spirits LLC lost 10% of its sales overnight as its European distributor simply stopped buying its award-winning Dad's Hat Pennsylvania Rye Whiskey.
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