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PKF Predicts Growth Into 2016

PKF Predicts Growth Into 2016

According to PKF Hospitality Research LLC, the U.S. lodging industry continues the extremely healthy upward trend it began in 2Q10, with ongoing gains in all the major business measurements: lodging demand, occupancy,average daily rate (ADR), and revenue per available room ...

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Hotel Performance Shows Growth Across Online Channels

Hotel Performance Shows Growth Across Online Channels

NEW YORK—Third quarter hotel industry performance continued to strengthen with Revenue per Available Room (RevPAR) up 3.4 percent in comparison to the previous year, according to data from the TravelClick North American Distribution Review (NADR; Fourth Quarter 2012). The NADR ...

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Group Travel Growth Flattens

Group Travel Growth Flattens

NEW YORK—After a large comeback in 2011 and continued growth through the first half of 2012, group room sales and ADR are leveling off, according to data from the November 2012 TravelClick North American Hospitality Review (NAHR). When looking at ...

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Signs of Life Overseas

Signs of Life Overseas

The European economy continues to struggle but there may be a recovery in sight for hotel development. The Europe construction project pipeline is down year-over-year by 5 percent yet shows a slight upward trend off the cyclical bottom of 697 ...

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Booming Brazil

Economic development in Brazil is booming, accelerated by a growing export economy and the country’s selection as host to the FIFA World Cup in 2014 and the Summer Olympics in 2016. With 259 hotels and 43,827 rooms coming online, Brazil ...

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