Hotel & Leisure Advisors’ analysis indicates that in 2013 the U.S. hotel market achieved improved occupancy and average daily rate levels in most cities. Performance statistics between 2010 and 2013 showed steady improvement in occupancy levels after the substantial nationwide drop-off in 2009. Average daily rates also improved nationwide, especially in the last three years, after a similar plunge in 2009 and a lesser one in 2010. We project continued improvement in 2014 throughout the United States with higher percentage gains for upscale and luxury properties.
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- H&LA Development Update: Louisville, KentuckyJune 30, 2022
- U.S. Travel forecast: All sectors projected to surge in short termJune 23, 2022
- NYU Investment Conference TakeawaysJune 20, 2022
- Former Great Wolf Water Park Executives See Hotels As Gaming ResortsJune 8, 2022
- H&LA Development Update: Austin/Round Rock, TexasMay 31, 2022
- Getting the Gang Back Together!May 17, 2022
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NYU Investment Conference Takeaways
June 20, 2022
David Sangree, MAI, CPA, ISHC had the opportunity to attend the NYU International Hospitality Industry Investment Conference on June 6-7 at the New York Marriott Marquis. The following are some key highlights from the conference. ADR growth: The growth in ADR in 2022 has exceeded everyone’s projections for the industry. The actual ADR is above
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