Hospitality directions US Q2: August 2011

September 2011
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Hospitality directions US Q2: August 2011

At a glance

The lodging sector in the US continues to demonstrate recovery momentum, yet a resetting of the economic outlook lowers expectations for lodging performance in the year ahead.

Recent results show the lodging sector continues to demonstrate recovery momentum, yet a resetting of the economic outlook lowers expectations for lodging performance in the year ahead.

Balancing these factors, our outlook for revenue per available room (RevPAR) growth is largely intact for 2011, at 7.5 percent, but shows gains slowing to 6.2 percent in 2012.

Risk factors weigh on hotel asset values in the near term, but real estate characteristics favor a longer view.