Report: Revpar should rebound to record high by 2013

05/13/2009 | (free registration)

After a decline of 12.1% this year, revenue per available room in the U.S. should bottom out in 2010 and rebound to a new record high of $68.28 by 2013, according to a new report from Jones Lang LaSalle Hotels. Revpar should begin its rebound in 2010, averaging 0.6% growth for the year, and climb to 4.7% in 2011, the highest growth rate since 2007, according to the report.

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