12/11/2007

PKF Hospitality Research has confirmed its forecast for the U.S. hospitality industry in 2008, predicting a modest slowdown, including a decline of 0.7% in occupancy levels. Average daily room rates are forecast to rise 5.3%, and revenue per available room should increase 4.5%, the slowest increase in revpar since recovery from the 2001 to 2003 industry recession.

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