Increased Corporate Demand and Higher Rates from Luxury Sector Boost US Hotel Markets, Says Ernst & Young Survey

Source: PR Newswire US
06.04.2007

Major hotel markets throughout the United States continued to witness positive growth in 2006 and are expected to repeat that performance in 2007, thanks to increased corporate travel and a surprisingly strong showing from the upper-end of the hotel market, according to the 2007 US Lodging Report released today by Ernst & Young.