Travelers are continuing their return to hotels, and they are paying record rates for their rooms.
The national average daily rate for a room in March was $146.61, the highest for any month on record, according to hospitality data provider STR. However, STR did note that, when adjusted for inflation, the March ADR was about 2% below the same metric for March 2019.
Photo by Vlad Alexandru Popa at Pexels