PKF Consulting has released a mixed bag of projections for U.S hotels next year, with room rates performing well across the nation but occupancy rates varying from market to market. According to the international hospitality firm's annual "State of the Hotel Industry" report, occupancy rates will remain at 73.9 percent for both 1997 and 1998 for the 42 cities surveyed. Occupancy rates for 11 of those cities are projected to improve in 1998. Occupancy is expected to decline in 18 cities and ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only unlock thePrinter-friendly, you'll also gain access to exclusive premium content.

Already registered? here.