STR releases updated 2012, 2013 forecasts for the hotel industry

Thursday, September 13, 2012 - The U.S. hotel industry is expected to see modest gains for year-end 2012 and in 2013, according to the updated U.S. forecast released by STR during the 2012 Hotel Data Conference last week. For 2012, the industry is expected to record a 2.1-percent increase in occupancy to 61.2 percent, an average-daily-rate gain of 4.4 percent to US$106.15 and a revenue-per-available-room increase of 6.5 percent to US$65.01.

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