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In June, the U.S. hospitality industry stood out by posting strong job growth for the second month in a row. The Leisure and hospitality sector added 2.1 million jobs in June, according to the U.S. Bureau of Labor Statistics.
The gains accounted for roughly 40 percent of the 4.8 million jobs added to the entire U.S. employment numbers, testifying to faster than expected recovery, well ahead of other sectors of the economy.
This most welcomed news for the industry has led some investors to believe that hotel operators and owners stocks will rally. However, this