Steady growth ahead for lodging industry, PKF Hospitality reports

09/5/2013 | TravelPulse

The September 2013 edition of Hotel Horizons by PKF Hospitality Research forecasts continuous increases in all lodging performance metrics. Revenue per available room is predicted to rise 5.9% this year, followed by a 7.2% rise in 2014 and an increase of 8.1% in 2015. "It is very rare for us to say we have no concerns about the near-term outlook for the U.S. lodging industry, but that is what we see from our econometric models, as well as discussions with our clients," PKF-HR President R. Mark Woodworth said.

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