Strongest Leg Of Industry Recovery Yet To Come, Says Analyst

According to Harry Curtis (JP Morgan Chase analyst), the industry has moved into the longest and strongest leg of the lodging up-cycle. Revenue and EBITDA outperformance could last three-five more years and stock outperformance could last another two-three years. JP Morgan Chase estimates higher than expected RevPAR growth of 9%, compared to other analysts' forecasts of 8%. Through 2007, the firm sees supply growth in most destinations of 1% or less, while room demand grows at 3-4%.

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tags: hospitality

Posted 01/14/06 by JJ | Filed under: Revenue Management & Performance