According to PricewaterhouseCoopers’ latest forecast, revenue per available room is going to go up 6.3 percent in 2004, the biggest leap in 20 years.
Smith Travel Research also has optimistic findings for hoteliers:
Following a three year slump, occupancy in the week rose 4% to 67% and the average daily rate rose 1.3% to $85.23. Revenue per available room rose 5.3% to $57.08.
Do you suppose that those tacked-on fees for everything from fitness centers to newspapers to energy will go away asincreases? Somehow, I’m not holding my breath
To comment on this post, click on "comments" below. To receive a weekly blog update, e-mail Sue.