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Question $4$

Refer to the chart below Tab $6-$ Twelve Month Moving Average with Percent Change from the trend report. This chart provides historic performance information on the New Orleans market. For the first nine months of $2021,$ the occupancy, ADR $($Average Daily Rate$),$ and ReVPAR $($Revenue per Available Room$)$ were higher compared to the same period in $2020.$ Is this statement true or false? Choose true or false.

If you prefer to view the section from the entire trend report, please download the attached spreadsheet below. Trendreport NewOrteans$\_$Highlighted, xls

Tab $6-$ Twelve Month Moving Average with Percent Change Trend New Orieans, LA Job Number. $1330291\_$SINIM Staff: KM Created: March $28,2022$