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Year-over-year growth in RevPAR softened to +1.2% after coming in at +3% a month prior. Demand dropped 1.2%, which was the largest decrease since April. Like April, a calendar shift was largely responsible for the fall. Compared to last year, this October included one less Saturday (from five last year to four this year) and the gain of Halloween Tuesday.
Article - STR Commentary on U.S. Performance for October 2023 - RevPAR growth decelerated on falling demand due mostly to a calendar shift. Both TRevPAR and GOPPAR showed the highest year-over-year growth since March.
The Protest Against Netanyahu's Coalition's Judicial Coup Prepare for a Possible Judicial Clash Between the Government and the High Court in September
Indiana's unemployment rate remained stagnant in May, continuing a months-long streak. But that and the other employment numbers released Friday may not reflect current and future labor market conditions.
The annual meteor shower peaks in the early morning Friday, April 22, and Saturday, April 23.