Hospitality directions US Q3: November 2010

November 2010
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PwC’s lodging forecast anticipates continued growth in occupancy and average daily rate (ADR) will result in a 7.4 percent increase in revenue per available room (RevPAR) in 2011. Lodging demand is recovering sooner than anticipated, resulting in a stronger outlook for the sector, despite weaker macroeconomic assumptions in the near term. Supply growth continues to slow as expected.