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PKF Hospitality Research Not Concerned About the Current Tumultuous Stock Market
PKF Hospitality Research, a CBRE Company | September 1, 2015
Hotel RevPAR Growth Expected to Remain Above Long-Run Average Through 2018 September 1, 2015, Atlanta, Ga. – Recent gyrations on Wall Street may have hoteliers questioning whether this is the beginning of the end to the good times that have characterized the U.S. hotel industry for the past five years. PKF Hospitality Research (PKF-HR), a CBRE Company, does not believe so and is reaffirming its near-to-mid-term forecast for strong lodging financial performance. According to PKF-HR's recently released September 2015 edition of Hotel Horizons®, U.S. hotels will continue to enjoy above long-run average revenue per available room (RevPAR...
PKF Hospitality Research Forecast Accuracy Remains High
PKF Hospitality Research, a CBRE Company | August 12, 2015
August 12, 2015, Atlanta, Ga. – PKF Hospitality Research (PKF-HR), a CBRE Company released the results of their latest assessment of the accuracy of their Hotel Horizons® forecasts for the U.S. lodging industry. This is the fourth periodic review conducted by PKF-HR since 2005 and is an important and critical component of the firm's forecasting efforts. "Once again we are pleased to report that the accuracy of our forecasts remains high," said R. Mark Woodworth, senior managing director of PKF-HR. "Accuracy on the national level continues to far exceed generally accepted benchmarks. At the local level, accuracy is strong for the most...
PKF Hospitality Research Issues Consistent U.S. Lodging Forecast
PKF Consulting, USA | June 4, 2015
Industry Participants Gain Confidence Operating In a Predictable Environment June 4, 2015, Atlanta, Ga. – The outlook for the U.S. lodging industry continues to be extremely strong, according to the recently released June 2015 edition of PKF Hospitality Research's (PKF-HR) Hotel Horizons® (PKF-HR is a CBRE company). The report forecasts that U.S. hotels will continue to enjoy revenue per available room (RevPAR) growth more than twice the long-run average (7.2 percent increase in 2015 and 6.8 percent in 2016). The slowdown in 2016 should not worry hoteliers because the growth in average daily room rate (ADR) will drive the increase in...
