Equipping organizations with leading edge expertise and insights to manage change, navigate complexity and unlock value to thrive in a changing world.
Increases in occupancy, ADR and revenue per available room (“RevPAR”) accelerated across Manhattan during the second quarter, as the vaccine rollout gained traction in Q1 and early Q2, and the city began to relax restrictions put in place at the height of the pandemic. Off an easy comp (Q2 2020), second quarter RevPAR experienced a year-over-year increase of 103.4 percent, heavily weighted to performance during the month of June.
PwC's Hospitality and leisure specialists are helping leaders manage change, navigate complexity and unlock value in turbulent times. Our core strength is bringing together our technology, people, process, data, governance and strategic perspective to help our clients create business value and powerful results.
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Our Retail and CPG teams help leaders plan and prepare for the unexpected in order to be resilient and flexible in the rapidly evolving landscape. We can assist you choosing the right next steps in your journey.
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Our Travel and transportation teams are helping leaders manage unexpected restrictions and regulations, shifting global markets, and data-driven decision-making. The future prosperity of the transportation and logistics sector depends on its agility in a changing world.
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