By Elliot Mest
Source: Hotel Management
September 14, 2018
In taking the temperature of the current business climate, members of the Hospitality Asset Managers Association recorded a positive outlook among hotel asset managers for the near future, shadowed by rising uncertainty as 2019 approaches.
An internal survey conducted by the organization found more than 40 percent of its members are anticipating a 0- to 2-percent increase in revenue per available room for full-year 2018 versus the 2018 budget, compared to just 10 percent last year.