Averted "fiscal cliff" could mean growth for hotel industry

01/3/2013 | Hotel Management online

The passing of a measure that prevents the U.S. economy from going over a "fiscal cliff" of tax increases and spending cuts will allow the lodging industry to maintain its steady pace of growth, observers say. PKF Hospitality Research forecasts that Congress' actions will result in a 6% rise in revenue per available room in 2013.

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