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U.S. Leisure Travel Expected to End 2022 14% Higher Than 2019 Levels

The DJIA fell 100 points, Nasdaq was down 92, the S&P 500 was down 25 and the reason for the punch bowl being taken away from the recent rally was the 10 year treasury yield spiking. STR said US RevPAR was up 26.7% year over year for the week ending 10/15. A new analysis projects U.S. hotel leisure travel revenue to be 14% higher by the end of this year than it was in 2019.