The ongoing recovery in lodging demand has continued despite an uncertain economic outlook. Lodging results support improved confidence in higher RevPAR growth expectations in 2011.
The ongoing recovery in lodging demand has continued, despite an economic outlook that remains uncertain. Recent lodging results support improved confidence, slightly raising our expectation for 2011 and 2012 RevPAR growth to 7.8 and 6.5 percent, respectively.
As pricing momentum improves, hotels in higher-priced segments are expected to secure greater RevPAR gains.