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Group demand to fuel rising room rates in 2015, PwC predicts

from Successful Meetings

Hotel rates will accelerate in 2015, predicts PwC US, the U.S. firm of PricewaterhouseCoopers, which this week released an updated lodging industry forecast in which it credits "increased momentum of group demand growth" with driving a certain increase in revenue per available room (RevPAR) at U.S. hotels. more

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