Local hotels show small sign of pricing power
By Geert De Lombaerde Posted on May 22, 2009 at 11:45 amIt’s all relative these days, but Smith Travel Research says the Nashville area is the only major market in the country seeing revenue-per-room drops of less than 10 percent. In the Big Apple, that number is down by 40 percent.
Tags: Business travel, economic indicators, hotel management, Smith Travel Research Inc., tourism, travel
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