PwC US said in an updated performance forecast for U.S. hotels that it expects continued improvements in hotel fundamentals for the rest of the year and in 2014. PwC projects a 5.5% growth in revenue per available room in 2013 and a 5.9% growth in the same metric in 2014 amid steady improvements in average daily rate and occupancy. Occupancy levels are expected to reach 62.2% this year due to a 2% rise in demand and a 0.9% supply increase.

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