Tuesday, June 9, 2009

Sad Fact Of The Day

According to a forecast from the PKF Hospitality Research Group, the predicted hotel occupancy rate for U.S. hotels in 2009 will be 55.7%. That is not a good prediction for their business.

Of course, in New York, which is where i travel to, that won't translate to many cheaper rates.

It was 60% last year and 63% the year before.

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