Commercial Construction & Renovation

Research firms PricewaterhouseCoopers, STR and PKF Hospitality Research presented attendees of the AH&LA Hospitality Leadership Forum in New York with a generally optimistic forecast for the hospitality industry in 2013 despite a weak third quarter. Data from STR show strong demand growth in the luxury, upper- and upscale segments, which have reached record-high occupancy levels year-to-date. Read the HotelNewsNow.com story here.