According to PricewaterhouseCoopers latest U.S. lodging forecast, RevPAR (revenue per available room, which is the best indicator of the lodging industry’s long-term financial health) will decline by 15.0 percent in the fourth quarter of 2001. The study also predicts a total 7.1 percent decline in 2001, the lowest since this type of data was first collected 34 years ago. Another hotel consulting firm, LodgingForecast in Durham, N.H., predicts a slow rise in RevPAR beginning in April of ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only gain access to Soft Lodging Market Continues: Upscale Hotels and Resorts Hit Hardest, you'll get exclusive access to a large archive of premium content.

Already registered? here.