Half full or half empty, hotels slowly recovering
Memphis hotel occupancy hit bottom at 31% in April before rebounding, while Downtown’s low point was 14.7% occupied in April, STR found.
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Memphis hotel occupancy hit bottom at 31% in April before rebounding, while Downtown’s low point was 14.7% occupied in April, STR found.
Lodging industry consultant Chuck Pinkowski's forecast calls for occupancy and room revenue to fall at Memphis area hotels in 2019 as room supply increases and the convention center is modernized.
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