Hospitality Panelists at ALIS: Optimistic but Wary of Europe | globest.com
“It was a rockin’ year in the US for RevPar,” said Jan Freitag, SVP of STR, at the Americas Lodging Investment Summit. “Supply is not an issue and demand will outpace supply. We will be able to move up the rate needle.” Like most panelists and attendees at the three-day event, Freitag, who spoke in one of the opening outlook panels, was optimistic about the hospitality industry going forward. But the big question-mark on everyone’s mind was the European global economy.
