Jan Freitag
Jan Freitag
demand dropped fall great grow hotels moving position rates
What's noteworthy is the rates did not fall when the demand dropped after 9/11. So hotels are now in a great position to grow the rates moving forward.
average compared expect historical increase moderate room
We expect to see only a moderate increase in room supply: about 1.2% this year, compared with a historical average of 2.2% in the U.S..