Hospitality directions US Q1: May 2011
May 2011
Balanced growth in occupancy and ADR will result in a 7.6 percent increase in RevPAR in 2011, followed by a 7.0 percent increase in 2012.
Activity in the lodging sector has recovered to a similar footing as broader travel and tourism, though a pricing gap is evident.
Hospitality business leaders will monitor how pricing unfolds, recognizing that the pace of recovery can change quickly.