U.S. Lodging Growth Continues Despite Federal Economic Malaise

U.S. Lodging Growth Continues Despite Federal Economic Malaise


Despite news of “fiscal cliffs” and “sequesters” coming out of Washington D.C., the U.S. lodging industry is forecast to continue to achieve strong gains in both revenue and profits in 2013. According to the recently released March 2013 edition of Hotel Horizons®, PKF Hospitality Research, LLC (PKF-HR), is projecting that U.S. hotels will enjoy a 6.1 percent increase in revenue per available room (RevPAR)for the year, along with a 10.2 percent boost on the bottom-line net operating income.

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