2009 RevPAR Prediction

Aloha Kakou:

We are at the initial point of one of the longest and deepest recessions in the domestic hotel industry, according to a study by PKF Hospitality Research.

The 2009 decrease in RevPAR for forecast is for the entire US. Some markets fair better and some are worse.

This study believes that a return to a year-over-year RevPAR increase will not happen until second quarter of 2010, again for the US as a whole.

http://www.hotel-online.com/News/PR2008_4th/Dec08_PKFRevPar.html