"After reviewing the 2010 third quarter performance data for the U.S. lodging, it is apparent that we are solidly into the recovery phase of the business cycle. According to data from Smith Travel Research (STR), U.S. hotels enjoyed an 8.4 percent increase in RevPAR (revenue per available room) during 3Q10 compared to 3Q09. "
So it looks like more people are traveling, for both business and pleasure, and spending money.
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