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World Cup host cities exceed 20% RevPAR growth
Hotels in US cities hosting the FIFA World Cup have exceeded revenue-per-available-room projections, averaging gains "well above 20%" compared with the forecast of 13%, according to CoStar. Miami led with a 51.6% increase in RevPAR, followed by San Francisco at 40.7%. The boost is attributed primarily to average daily rate growth, with occupancy remaining mostly flat.
Hotel Dive (7/6)
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