The Hotel Industry: A Global Year in Review

"For most industries, 2010 was a time of challenge, recovery and hope, as  many finally started to see a light at the end of the tunnel after what was likely the worst economic crisis of our time. For the hotel industry, it wasn't just the U.S. that has been slowly regaining momentum in sales and profits. In fact, markets around the world, including Europe and Asia, have seen vast improvements in hotel occupancy, rates and RevPAR, indicating great hope for the new year."

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