Thursday, February 25, 2010

D.C. Hoteliers: What Recession?

Another sign that things are rosy at the center of the Federal government, while the rest of the economy is mired in recession.

Hotel News reports:

Of the major metropolitan areas examined, the Washington, D.C. hotel market achieved the highest compound annual revenue-per-available-room growth from 2001 to 2009 and was the only lodging market not to record a double-digit RevPAR
decline between 2008 and 2009.

The following graph demonstrates the underlying strength and consistency of the Washington, D.C. hotel market through its reduced RevPAR volatility.

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