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PwC: US Lodging Recovery Remains Intact

NEW YORK—Despite persistent economic headwinds and heightened uncertainty, an updated lodging forecast released today by Price Waterhouse Cooper US (PwC) anticipates revenue per available room recovery in 2012 to remain intact, with slightly stronger gains in both demand and pricing ...

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Scotland Hotel Occupancy Rates Lead Europe

EDINBURGH, Scotland—A recently released report by hotel analyst STR Global shows that Scottish cities account for three of the top five European cities with the highest hotel occupancy—a 60 percent share. Among Europe’s top five leading hotel occupancy locations are ...

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Corporate Rate Negotiations

Corporate travel buyers and lodging industry executives are preparing for corporate rate negotiating season, which begins in September and continues through December. Corporate and contract rates represent almost 20 percent of occupied room nights and almost 30 percent of U.S. ...

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