Hotel-revenue increase is expected, but profits should fall in 2010

05/26/2010 | Travel Weekly

An analysis of hotel trends in the first quarter indicates U.S. hotels can expect to see revenue per available room increase by 1.7% in 2010, but profit should decline 1.4%, according to PKF Hospitality Research. Hotel occupancy should increase 3.4% as travel picks up, but a continuation of low prices will mean rates will decline about 1.6% and impact profits.

View Full Article in:

Travel Weekly

Published in Brief: