The global hotel occupancy rate was 68 percent in May 2024, showing a one percent increase over the previous year. Meanwhile, the lower occupancy rates in 2020 and 2021 were due to the impact of the coronavirus (COVID-19) pandemic on the hotel industry.
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The global hotel occupancy rate was 68 percent in May 2024, showing a one percent increase over the previous year. Meanwhile, the lower occupancy rates in 2020 and 2021 were due to the impact of the coronavirus (COVID-19) pandemic on the hotel industry.