PwC Forecasting 7% Increase for U.S. Lodging Industry in 2006
|NEW YORK, March 20, 2006- PricewaterhouseCoopers (PwC) forecasts that
the U.S. lodging industry will generate $1.6 billion in fees and surcharges
in 2006, a 7 percent increase over the $1.4 billion generated in 2005.
PwC forecasts that about half of the increase will result from a 3.1 percent increase in occupied rooms in 2006. The remaining percentage of the increase will result from the increase in the number of hotels charging fees and surcharges, the increasing range of fees and surcharges and the increased amounts charged. This will be the lowest rate of increase since 2002, indicating that the number of hotels charging fees and surcharges and the amounts charged is stabilizing.
The following is a list of fees and surcharges anticipated for 2006:
PricewaterhouseCoopers (www.pwc.com) provides industry-focused assurance, tax and advisory services to build public trust and enhance value for its clients and their stakeholders. More than 130,000 people in 148 countries work collaboratively using connected thinking to develop fresh perspectives and practical advice. “PricewaterhouseCoopers” refers to the network of member firms of PricewaterhouseCoopers International Limited, each of which is a separate and independent legal entity.
|Also See:||Wyndham Agrees to a Nationwide Settlement of Class Action Lawsuit; $15 off Future Night's Stay for all Consumers Charged an Energy Surcharge / May 2002|
|Class Action Suit Initiated on Behalf Guests Who Were Improperly Assessed Resort Fees at Starwood Hotels / April 2004|