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Fitch: Low Levels of New Supply Bolster US Lodging Sector

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CHICAGO--(BUSINESS WIRE)--Fundamentals across the US lodging sector remain unusually strong in the context of a cycle that turned 59 in July, based on consecutive months of positive TTM RevPAR, according to Fitch Ratings. TTM RevPAR was up 8% at the end of July -- a growth rate that is roughly 200 bps-300 bps stronger than the prior two cycles at the 59-month mark. RevPAR growth is broad based across price tiers and geographies, supply growth remains muted and capital is widely available. Fitch

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