Hospitality Directions Q1: June 2013

June 2013
  • Print-friendly version
Hospitality Directions Q1: June 2013

At a glance

We maintained our RevPAR outlook for 2013 at 5.9% and expect growth of 6.2% in 2014.

We maintained our RevPAR outlook for 2013 at 5.9% and expect growth of 6.2% in 2014.

The economy is slowing as a result of fiscal headwinds, but is anticipated to gather momentum later in the year, and strengthen through 2014.

Hotel construction activity is increasing, but is still below average.