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22 February 2010

The “New Normal” in 2010: five trends to watch | By Jan D. Freitag

The “New Normal” in 2010: five trends to watch | By Jan D. Freitag

Following the severe drop in demand that the industry has been living through for the past year, what should we be expecting in 2010? Is recovery around the corner – and if so, what shape will it take for the US hotel business? JAN D. FREITAG, Vice President of SMITH TRAVEL RESEARCH, describes the outlook.

About The Hotel Yearbook: The Hotel Yearbook is a uniquely forward-looking annual publication. Each year, dozens of CEOs and other senior executives from the hotel industry worldwide, as well as leading analysts and observers, use this platform to share their expectations for the coming twelve months. Each of the 70+ contributors looks specifically at his or her area of expertise, describing the likely developments for the year ahead. As a whole, The Hotel Yearbook thus offers readers a comprehensive overview of the trends and factors that will have an impact on the performance of the hotel business in the year to come – as perceived by the industry’s leaders themselves. For more information visit www.hotel-yearbook.com.

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Hotel Yearbook 2010 CoverThe “New Normal” in 2010: five trends to watch | By Jan D. Freitag
Following the severe drop in demand that the industry has been living through for the past year, what should we be expecting in 2010? Is recovery around the corner – and if so, what shape will it ta...

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yearbook, Jan Freitag, STR, Smith Travel Research, outlook, USA, US market, American market, occupancy, ADR, trends, new normal, recovery, economy, RevPAR, supply pipeline, debt markets, transient, AIG effect, distressed inventory, hotel

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