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Call for Data: How Will 2013 Shape Up for Hotels?

NEW YORK CITY-Ernst & Young just released its Global Hospitality report – we want to hear what your firm's data indicates for the coming year.

By Miriam Lamey | Updated on January 24, 2013

NEW YORK CITY-It looks like the hotel industry is poised to recover in 2013, at least, that what Ernst & Young’s Global Hospitality Report for 2013 predicts. According to the firm, key markets–New York City, San Francisco, Chicago and Los Angeles–are showing signs of expansion and growth. This is said to be the case thanks to a higher ADR and improved occupancy rates.

Most significantly, however, the report states: “the effects of a slow and stubborn recovery are positioned to materialize in 2013.” Add to this figures from PKF’s December 2012 Hotels Magazine, and things are looking sunnier for hotels this year:

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