Panelists at the 17th annual Lodgings Conference note that a lag in growth in hotels' average daily rate compared with demand is casting doubt on the industry's recovery. Meanwhile, experts said other performance indicators remained positive, reporting a year-over-year rise in bookings and predicting muted supply growth until 2013. "The big question today is: Is this a recovery we can stand behind and feel comfortable about or is this a recovery that is going to hold?" said Vail Brown, vice president of global sales and marketing for STR.
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