U.S. hotel recovery slows

"Economic research firm, in conjunction with STR, announced that the Hotel Industry Pulse Index dropped in September. After an increase of 1.6% in August, the index went down 2.2% in September.

HIP, the Hotel Industry Pulse Index, is a composite indicator that gauges business activity in the United States’ hotel industry in real time, similar to a GDP measure for the industry. The latest monthly change brought the index to a reading of 87.9. The index was set to equal 100 in 2000. "