As the usual end of year slowdown takes place, events have more impact than if they occurred during higher demand periods. Las Vegas, hosting the Formula 1 Las Vegas Grand Prix 16-18 November, had a significant impact for instance. Las Vegas represents 3.1% of all U.S. room supply, and when significant events occur in a market the size of Las Vegas, the impact is felt throughout the country. Recalculating overall U.S hotel performance for the week before Thanksgiving (minus Las Vegas) still…
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