We expect to see only a moderate increase in room supply about 1.2 this year, compared with a historical average of 2.2 in the U. S..
More Quotes from Jan Freitag:
It's good news for existing hotels, since they benefit from an increase in demand. For the consumer, it's not so great.Jan Freitag
I doubt anyone can speak with authority about this number, since even the definition of what constitutes a hotel is unclear when you leave the U. S..
Jan Freitag
It's a very strong showing. The good news is a lot of people want to come there.
Jan Freitag
The travel industry will do really well this year. It's a great time to be an operator. What that means for the individual is Book early, book often.
Jan Freitag
It looks like people have been paying attention rates are stabilizing, occupancies are increasing.
Jan Freitag
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