Jun
12
    

PricewaterhouseCoopers Forecasts U.S. Lodging Industry Average Daily Rate (ADR) Gains Will Slow from Remarkable Recent Pace, Increasing by 5.9 Percent in 2007 Compared to 7.1 Percent in 2006

12-06-2007 » Hotel industry news

PricewaterhouseCoopers forecasts that U.S. lodging industry average daily rate (ADR) increases will decelerate in 2007 as room supply additions accelerate, demand becomes constrained by the less robust U.S. economy and consumers respond to the cumulative rate increases.

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