Predictable Hotel Performance Says PKF Hospitality Research….
The June 2015 edition of PKF Hospitality Research’s Hotel Horizons forecasts that RevPAR growth for hotels in the U.S. will increase by 7.2% in 2015 and 6.8% in 2016. 90 days ago the PKF forecast was for a 7.3% increase in 2015 and a 6.3% increase in 2016. The fact that these forecasts are remaining consistent indicates that the U.S. lodging industry is experiencing predictable performance. According to Mark Woodworth, senior managing director of PKF, this predictability in the industry can mean a lower risk environment for lenders and investors as well as other benefits for hotel operators. To read more about current events affecting the forecast, supply growth and the potential rise in profits check out the article… PKF Hospitality Research Issues Consistent U.S. Lodging Forecast