After suffering through a year that PhoCusWright analyst Jake Fuller called “one of the worst years for the hotel industry since World War II,” the global hospitality industry is searching for a 2010 outlook and looking for signs of hope in the numbers. The data, however do not paint the pretty picture that most were hoping for. Forecasts have been cautiously described as ‘less bad,’ but effectively... 

Why Hotels Are Not Recovering Any Time Soon January 18, 2010 Hotel industry performance is often predictable yet somehow still catches us by surprise. Like any other economy, the sector relies on a balance of supply and demand—do not let the flat panel TVs and fantastic beds fool you. Hotel performance is significantly tied to the overall economy as well as the industry's own cyclical...