Topic: PKF Research

PKF: 2014 occupancy to be highest annual rate since 1997

PKF: 2014 occupancy to be highest annual rate since 1997

Hotels in the United States will experience significant gains in performance in 2014, according to the June 2013 issue of Hotel Horizons from PKF Hospitality Research. The group is projecting that U.S. hotels will see a 7.7-percent increase in revenue per available room in 2014, and a 15.4-percent increase in net operating income.