Tag: hotel forecast
Industry Giants Confident More Growth is Yet to Come
With occupancy, room demand, average daily rate, and revenue per available room achieving record highs, the travel industry is surely booming, and hoteliers who...
Hotel Industry Continues to Ride Economy’s Tailwinds
The U.S. hotel industry continues to ride the tailwind of the economic recovery, buoyed by positive room demand, occupancy increases, and steady average daily...
Recovery Accelerates with Strong Growth in Group Demand
NEW YORK—An updated lodging forecast released by PwC US anticipates lodging recovery will enter a new phase, with continued strengthening in group demand and...
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...