It's a seller's market in the hotel industry. After taking a nosedive after 9/11, the major statistical measurements of hotel performance — occupancy rates, average daily room rate, and the all-important revenue per available room (RevPAR) — are...
Feeling squeezed by what they say are excessive and duplicate requests for funding by industry foundations, meeting and travel industry suppliers in April held a summit, the first of its kind, to discuss the issue...