Hotel revPAR will rise 7.2%, PKF says

09/22/2011 | Travel Weekly

Hotels' revenue per available room will grow by 7.2% this year, boosted by demand from affluent travelers, PKF Hospitality Research says. The research firm raised its forecast from 6.9% reported in June. "After a thorough analysis of the latest lodging performance and economic data, it is tough not to be optimistic regarding the future of U.S. hotels," said Mark Woodworth, president of PKF.

View Full Article in:

Travel Weekly

Published in Brief: