The comparable RevPAR in Q1 2023 increased by 8.4% to $369, occupancy showed an impressive increase of 18.4% to 64.9%. The company is trading on attractive valuations with only 0.65x its book value.
GRAND FORKS – Hotel occupancy rates in Greater Grand Forks have been steadily climbing since the COVID-19 pandemic forced a sharp dip in the spring of 2020. The pandemic “hit us hard — very hard,” ...
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