With this statistic its a yes and no answer. Hotel bookings are a sign people are traveling but its not saying they’re all Americans. The statistic needs to be broken down. Its unquestionably good for that industry though.
Occupancy was also only a few points lower in 2009 IIRC.
” The statistic needs to be broken down.”
Wall St. Hookers are responsible for what? 90% of the increase?