As the lodging industry slowly emerges from its multiyear slump, some U.S. cities are more in demand than others. In fact, half of the major market cities in the U.S. have revenues per available room, or RevPAR, ratios that are either lagging the U.S. average over the past three years or decelerating. For meeting planners, that means negotiating power, says Bjorn Hanson of PricewaterhouseCoopers LLP, author of the newly released “State of the Lodging Industry” report.
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