Summer hotel occupancy could recover to 2000 levels, according to PricewaterhouseCoopers.
The consulting firm said lodging occupancy from the Memorial Day weekend in late May through early September weekend should rise 2% from last year to 69.1%, the highest rate since 2000 when occupancy reached 72.1%.
“The summer occupancy levels are great news for the industry,” said Bjorn Hanson of PricewaterhouseCopers Hospitality & Leisure Practice.
He said the industry had one of its strongest years ever in 2000. He said consumers were ignoring higher gas prices. Mr Hanson cited strong consumer confidence as the major reason behind a stronger travel summer season.
Report by David Wilkening
