Area hotels could see decline in revenue in 2009 - Atlanta Business Chronicle:

http://www.disabilityhistory.net/newsfall06.html
percent decline in revenue per availablwe room this year comparedto last, accordingf to Atlanta-based , a national management consulting firm specializingf in the lodging industry. This decline is greater than the 17.5 percenty drop in RevPAR forecast for theoverall U.S. hotel industry in PKF’s recently released June 2009 HotelHorizonx report. “In 2009, San Antonio hotelz are projected to achieve an occupancy levellof 56.7 percent, down from the 65.2 percentg mark achieved in 2008,” says Randy McCaslin in the Houston office of PKF Consulting. “Givenh the increase in the competitives nature of thelocal market, average daily room rates are expecter to fall from $110.
19 in 2008 to $98.7 in 2009, a decline of 10.4 The decline in the average occupancy rate for San Antonio hotels is due to the combinatiojn of a 5.5 percent fall off in the demanf for lodging accommodations, exacerbated by an 8.7 percentr increase in the supply of new hotel the PKF report states. Unfortunately for local area revenue per available room is not expecte d to achieve sustained growth until the thirf quarterof 2010, the report concludes. Unti l then, market conditions are favorable for travelers, but troublesome for ownersx and operators.
The June 2009 Hotel Horizonsa forecast report for San Antonio is availableat