Market Reports

How to Level the Playing Field Amidst Softened Economy

- Hoteliers experienced phenomenal growth with hotel occupancy rates over the past several years, but this is may be history.

According to Smith Travel Research, U.S. hotel occupancy was 59.9% year to date through April, a significant drop from the average occupancy rate of 63.7% reached in 2000 (PricewaterhouseCoopers). Reports from the field do not look good...
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