In 2003, hotels collected $1 billion in fees and surcharges. That’s projected to nearly double this year, up to $1.95 billion, a new record, according to research conducted by Bjorn Hanson, Ph.D., divisional dean of the NYU-SCPS Preston Robert Tisch Center for Hospitality, Tourism, and Sports Management, at the NYU School of Continuing and Professional Studies. The increase reflects a combination of 3.5 percent more occupied hotel rooms than in 2011, plus higher fees and surcharge ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only unlock the Hotel Fees Will Hit Record This Year: $1.95 Billion, you'll also gain access to exclusive premium content.

Already registered? here.