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RevPAR Expected to Thrive in 2016

Despite budding concerns in the financial markets and lower-than-expected growth in the fourth quarter, PricewaterhouseCoopers U.S. has released an updated lodging forecast expecting RevPAR to flourish, increasing by 5.5 percent in 2016. It will surpass the less-than-stellar increase in ADR, ...

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Auction.com Report Shows Steady Gains for Hotel Sector

Auction.com Report Shows Steady Gains for Hotel Sector

Increases in occupancy and room rates are sustaining healthy revenue per available room (RevPAR) in the hospitality industry even as expansion shifts into a lower gear, according to Auction.com’s Q2 2015 Hotel Monitor report. The online real estate marketplace company ...

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Strong RevPAR and ADR Growth Projected for 2015

Strong RevPAR and ADR Growth Projected for 2015

Like other industries, profits in the hotel business are achieved when revenues exceed the cost of operations. In 2015, there are several factors that will enhance the ability of hotel managers to control their operating expenses. First, the pace of ...

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Fitch: U.S. Lodging Still in a Good Place

Fitch: U.S. Lodging Still in a Good Place

Accelerating U.S. GDP growth and low levels of new supply set the table for strong U.S. lodging industry fundamentals during 2015, according to Fitch Ratings. Robust demand has boosted occupancy rates, providing hotels with material pricing power. Fitch expects U.S. ...

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