8750 W Bryn Mawr Suite 110 E Chicago, IL 60631
The new U.S. Olympic & Paralympic Museum in Colorado Springs, Colorado, is expected to help boost the number of visitors to the city and fill hotel rooms. (Visit Colorado City)By Richard Lawson
July 30, 2020
The hotel industry’s economic recovery slowed for another week as growth in room demand dwindles with more confirmed coronavirus cases across the country.
While hotel occupancy nationwide rose to 48.1% for the week ended July 25 from 47.5% the previous week, that increase was at a slower rate than for the week ended July 18, according to hotel research firm STR, which is owned by CoStar Group, the publisher of CoStar News.