Numbers Tell the Story: No Upturn Till 2010

A slew of surveys and reports were released in the closing weeks of 2008, all highlighting the near-term economic situation, which is at best uncertain and at worst very dark indeed.

Here's a recap: Long decline for hotels: Atlanta-based PKF Hospitality Research projects that the hotel industry will see seven straight quarters of declining revenue per available room (RevPAR), starting with the third quarter of 2008. Miami, Phoenix, and Orlando are expected to take the hardest h

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