Hotel Horizons

PKF Forecasts Continued Record Levels Of U.S. Hotel Demand – Leads to Improved RevPAR and Profit Projections

Despite tepid economic indicators, record numbers of guests continue to occupy U.S. hotel rooms. According to the recently released September 2012 edition of Hotel Horizons, PKF Hospitality Research, LLC (PKF-HR), is forecasting that on any given night in 2012, nearly 3.0 million of the nation’s 4.8 million hotel rooms will be occupied. This is 5.6 percent greater than the levels of lodging demand accommodated in 2007, the year prior to the great industry recession.

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