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PwC Predicts Another Year of RevPAR Growth

PwC Predicts Another Year of RevPAR Growth

NEW YORK—An updated lodging forecast released today by PwC US expects another year of solid revenue per available room (“RevPAR”) growth in 2015, with a stronger than previously expected increase in occupancy levels, offset by softer than anticipated growth in ...

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Group Reservation Pace Up, TravelClick Reports

Group Reservation Pace Up, TravelClick Reports

NEW YORK—Hotels in major North American markets continued to maintain positive growth in rate, according to data from the April 2015 TravelClick North American Hospitality Review (NAHR). TravelClick’s data reports new group reservation pace — up 13 percent year-over-year — ...

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The Developing Story: Charleston

The Developing Story: Charleston

With a charming culture and expanding economy, this city is a go-to destination for tourists and developers alike. Charleston may not be a top 25 market, but it sure acts and performs like one. The oldest city in South Carolina ...

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The Real Value of Dual-Brand Hotels

The Real Value of Dual-Brand Hotels

The pace of new hotel construction is picking up. According to STR, there were 1,003 hotels under construction in the United States as of January 2015, up 31.8 percent from January 2014. The most active under-construction segments of the hotel ...

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