RevPAR recovery felt in all chain scales except upscale. Profit recovery still lagging
How does the U.S. hotel industry stack up against other sectors in terms of revenue and profitability? Source: hotelnewsnow.com The upper-midscale segment proved most resilient during the recession, Wilson said. The segment recorded a net change in revenue per available room of 104.4% when measuring the percent of 2007 RevPAR achieved in 2013. (A reading of […]
RevPAR recovery felt in all chain scales except upscale. Profit recovery still lagging Read More »