Analyst: Hotel sector readies for strong 2014

12/23/2013 |

Hotels will do well in 2014, with expected increases in revenue per available room, said Patrick Scholes, an equity research analyst at Suntrust Robinson Humphrey. "What's really going to help is the pick-up in demand, and what that causes is something called compression -- essentially, lack of last room availability. If you're the hotel company, it's great, you can increase your prices," he said.

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