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News Breaks
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April 25, 2011
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| 08:29 EDT |  | FCH |
| theflyonthewall.com: | Felcor Lodging says lodging demand growth continues to accelerate | | The company says "Lodging demand growth, particularly from corporate customers, continues to accelerate, and new hotel supply growth is moderating. Our hotels are taking advantage of this demand and supply imbalance to remix the customer base and opportunistically increase rates where appropriate. As a result, our RevPAR growth continues to accelerate, and we expect this trend to continue through 2011." :theflyonthewall.com |
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