Skift Take
The bigger question the hotel industry is no doubt asking itself is this: Was this third quarter just a one-off? Or was it a sign of tougher times to come?
Hurricane Florence and other seasonal factors that pinched room revenue growth at the major hotel companies in the third quarter had a deeper impact on Rockville, Maryland-based Choice Hotels International.
The company reported a 1.4 percent decline in domestic revenue per available room (RevPAR) for the third quarter.
The only other public accommodations company that saw negative U.S. RevPAR in the third quarter was InterContinental Hotels Group, which saw a decline of 0.5 percent, because of hurricane-related issues. Overall, U.K.-based IHG's RevPAR for the Americas was flat.
That 1.4 percent drop for Choice in U.S. RevPAR, which roughly t