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STR: U.S. hotel performance up in week ending March 12

Miami closest among top 25 markets to reaching 2019 levels

STR:  U.S. hotel performance up in week ending March 12

U.S. HOTEL PERFORMANCE was up in the second week of March from the week before, according to STR. ADR was up during the week compared to two years ago.

Occupancy was 63.2 percent for the week ending March 12, up from 61.2 percent  the week before and down 9.8 percent for the same period in 2019. ADR was $144.68 for the week, increased from $137.96 the week before and up7.7 percent from two years ago.


RevPAR was $91.45 for the week, up from $84.39 the week before and down 2.8 percent from the same period two years ago.

None of STR's top 25 markets showed an occupancy increase during the period when compared to two years ago. Miami came closest to its 2019 comparable, down 4.7 percent to 84.1 percent.

Anaheim posted the highest ADR, up 34.4 percent to $217.87 and RevPAR, rose 25.9 percent to $168.60) over the same period two years ago.

San Francisco/San Mateo experienced the largest occupancy decrease, down 29.7 percent to 56.3 percent, from 2019.

The steepest RevPAR deficits were in San Francisco/San Mateo, which decreased 44.9 percent to $101.77, followed by Washington, D.C., down 37.5 percent to $83.01.

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IAAC Seeks FBI Probe on Hate Speech Against Indians
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IAAC seeks FBI action on hate speech

Summary:

  • IAAC urged the FBI to investigate rising hate speech and violent rhetoric targeting Indians.
  • Right-wing SM accounts have called for “mass violence against Indians,” the council said.
  • The council also praised those defending the Indian American community.

THE INDIAN AMERICAN Advocacy Council urged the Federal Bureau of Investigation to investigate a rise in hate speech and violent rhetoric targeting Indians. Indian Americans fear rising online threats that advocacy leaders say could endanger lives.

With Indians holding more than 70 percent of work visas, social media has seen a rise in racist posts, with users telling Indians to “return home” and blaming them for “taking” American jobs, according to Hindustan Times.

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