Hotel Prices Up, Economy Up?

I read an interesting article at the Economist today that points to rising ADR for hotel room rates indicating a turn in the economy. Businesses are letting people travel again and they are paying more for rooms which give hope slowly but surely the economy is starting to turn around. The article does caution that construction of new hotels is down so it warns not to be too optimistic but its one in many signs Americans are ready to start spending again. Read the article here and tell us what you think:

Tagged , ,

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: