The Northwest Hospitality Specialists.
In the fall of 2012 you may have considered the growth of demand in the past year and a half outstanding. However, STR founder, Randy Smith cautioned that this growth of demand would begin to decline to standard levels in the next year. This along with the rate of growth still lagging would have a [...]
Myth Number 1 That income defines in which segment a guest stays is indeed a myth, she said. Almost a quarter of guests staying in the economy segment during 2010 made more than US$100,000 in household income, for example. Myth Number 2 Another myth: Corporate business is driving the economy. In reality, leisure is stronger [...]
