TITLE

Despite losses, reports hint at recovery

AUTHOR(S)
Crowell, Chris
PUB. DATE
September 2009
SOURCE
Hotel & Motel Management;9/1/2009, Vol. 224 Issue 10, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of the hospitality industry in the second quarter of 2009 in the U.S. It indicates that the industry has been experiencing financial losses and declines in revenue per available room (RevPAR). However, despite the reported losses, the industry have managed to maintain its financial stability despite the global financial crisis which can be a sign of economic recovery.
ACCESSION #
44087428

 

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