Analysts at last week's Americas Lodging Investment Summit had mixed predictions for the lodging industry's next few years. PKF Hospitality Research projected a 25% increase in the number of U.S. hotels unable to meet their debt obligations in 2009, and forecast that RevPAR will decline 9.8%. Jones Lang LaSalle Hotels said 2008 hotel transaction volume dropped by 80%, and noted that investors are already on the hunt for distressed assets.

Full Story:
Travel Weekly

Related Summaries