Tag: hotel demand
Hotel Industry Shows Demand and ADR Increases for Remainder of 2012
NEW YORK—Committed occupancy for August to December 2012 is up 5.4 percent and average daily rate (ADR) is up 5.0 percent. The growth is...
PKF Forecasts Continued Record Levels of U.S. Hotel Demand
Atlanta, Ga. – Despite tepid economic indicators, record numbers of guests continue to occupy U.S. hotel rooms. According to the recently released September 2012...