Luxury hotels are performing well in U.S. market

06/4/2013 | Travel Weekly

Luxury hotels are leading in the U.S. hotel market, as PricewaterhouseCoopers increased its occupancy forecast to 62.2%. "Hotels in higher-priced segments are achieving occupancy levels above the prior peak," said Scott Berman, a PwC principal. "Looking ahead, the foundation is in place for solid rate gains as travel demand grows and hotel operators adjust strategies accordingly."

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