1. August RevPAR was up only 2.2%: RevPAR growth in August was driven down by an occupancy decline of 1.4%. 2. Room demand declined for the first time in 69 months: Room demand had been growing since October 2009. Well, “decline” is sort of a harsh word; a 0.3% demand drop is basically flat performance. 3. Supply growth for upscale hotels was a totally ridiculous 4%: Chain-scale performance in August was tepid, reflecting the slow national numbers. Upscale hotels once again outperformed, though, and their RevPAR was up 3%, driven by strong 4.5% average-daily-rate growth. Get the full story at Hotel News Now