2010 Hotels in USA - Still Pretty Much a Blood Bath

I had a look at the STR data for 2010. This single slide is pretty self explanatory. Click the link for the whole presentation.

UGH!!!

Can be the best description for 2010.

2011 is shaping up to be a recovery but we are still a long way from home as this absolute data shows comparing 2007 vs 2010 and no accounting for inflation.

Not so good.

Cheers