Hotel room rates may be hiked 'aggressively,' forecaster says | cnbc.com
Hotel owners across the U.S. are expected to be told later Monday they should be able to "aggressively" raise room prices this year, with one consultancy already forecasting the national average room rate to rise 5.4 percent. One of the lodging industry's most prominent forecasters is expected to share room price details at the Americas Lodging Investment Summit conference in Los Angeles. The market can absorb "significant" hikes because strong fundamentals already have been pushing occupancy rates to fresh records in 2015.
