PKF Hospitality predicts 7.1% increase in hotel room revenue

03/17/2011 | Travel Weekly

PKF Hospitality has offered a forecast for hotels that includes a 3.8% increase in rates, a 7.1% increase in room revenue and a 4% rise in demand this year. "The improved business environment, combined with the 2% ... reduction in the payroll tax, will put more people on the road for both personal and professional travel," according to Mark Woodworth, president of PKF-HR.

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