Recession Worries? Ha! U.S. Lodging Forecasts For 2008 Upbeat | hotelsmag.com

The U.S. lodging industry recorded its best year ever in 2006, posting pretax profits of $26.6 billion, according to the American Hotel & Lodging Association Lodging Industry Profile. And now we look to be coming toward the close of yet another record-setting year in the hotel business. But with rumblings of a potential decline in the United States’ economy, PKF Hospitality Research recently released a special econometric analysis that measures...