How will the Sluggish U.S. Economy Affect the Hotel Industry?

The U.S. hotel industry has continued to sail forward, despite slowing employment growth and tepid gross domestic product. RevPar, a key industry metric calculated by multiplying a hotel’s average daily room rate (ADR) by its occupancy rate, also rose for major U.S. hotels. As long as the U.S. economy does not plummet in 2016, many