Has the US Lodging Industry Recovered?
Hotel Online has reviewed PKF’s June 2014 edition of Hotel Horizons and the overall message is that the recovery is over! According to PKF, hotel owners and operators will begin to see inflation adjusted recoveries in ADR and NOI and that occupancy levels in 2014 will exceed the pre-recession peak of 63.1 % reached in 2006. The article also discusses milestones that PKF projects the US lodging Industry to reach by the year-end in 2015 and factors that have played a role in derailing the industry in the past.
View the Article Here: Recovery Ends – Peak Performance to Persist – PKF Forecasts Record Performance for U.S. Hotels