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U.S. Lodging Sector Performance Remains Favorable

U.S. Lodging Sector Performance Remains Favorable

NEW YORK—PwC US anticipates that positive momentum in travel activity will continue to boost revenue per available room (RevPAR) in 2013, despite the recent sluggish pace of economic recovery. An updated lodging forecast released by PwC US shows favorable gains ...

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Global Corporate Bookings Up Year Over Year

Global Corporate Bookings Up Year Over Year

DALLAS—Global corporate bookings grew 5.5 percent over 2012’s level in July, according to Pegasus Solutions, a processor of electronic hotel transactions. The promising uptick in business travel was accompanied by substantial leisure demand that paled in comparison to strong gains ...

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