(NewsNation) — A surge in hotel reservations and climbing room prices throughout the United States signal a thriving travel industry and a robust economy, according to a leading executive in the travel sector.
Earlier this month, a report revealed that hotel performance across the nation has consistently surpassed last year’s figures, with average daily room rates experiencing a 1.7% increase in early May.
“For over five years, we’ve observed a strong, year-over-year demand,” shared Tim Hentschel, CEO of HotelPlanner, in an interview with NewsNation.