PwC Hospitality Directions: January 2014

January 2014
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PwC Hospitality Directions: January 2014

At a glance

Room rate gains accelerate, aided by strong occupancy and below average supply growth.

PwC Hospitality Directions: Q4 2013

At a glance

Room rate gains accelerate, aided by strong occupancy and below average supply growth.

Continued recovery in lodging demand and gathering economic momentum supports our expectations for hotel performance in 2014.

The lodging cycle is in a favorable stage, with above average occupancy levels and demand growth that continues to outpace hotel openings.

Stronger gains in ADR are expected as revenue management tactics gain traction, and we expect RevPAR growth to accelerate to 6.0% in 2014.