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US LODGING INDUSTRY OVERVIEW
Vail R. BrownVice President of Global Sales & Marketing
 
Global RevPAR
% Change
Europe
 
H1
 
08
 
YE
 
08
 
L3M
 
09
 
YTD
 
0.4%
5.1%
19.2%
20.8%
ME
 
&
 
A
 
$
H1
 
08
 
YE
 
08
 
L3M
 
09
 
YTD25.7%
 
17%
 
12.6%
14.9%
Asia
 
Pacific
 
$
H1
 
08
 
YE
 
08
 
L3M
 
09
 
YTD12.5%
 
1.8%
 
24.4%
30.3%
United
 
States
 
$
H1
 
08
 
YE
 
08
 
L3M
 
09
 
YTD
 
1.6%
 
1.9%
14.3%
18.7%
UK
 
£
H1
 
08
 
YE
 
08
 
L3M
 
09
 
YTD
 
2.5%
 
0.4%
10.2%
11.3%
Note:
 
L3M
 
=
 
December
 
08
 
to
 
February
 
09;
 
09
 
YTD
 
=
 
through
 
May
 
09
Source: 2009 STR Global
 
-6-4-20246
19891991199319951997199920012003200520072009Supply % ChangeDemand % Change
Total United States
Room Supply/Demand Percent ChangeTwelve Month Moving Average – 1989 to May 2009
2009 Smith Travel Research, Inc.
3.0%-5.1%-1.1%-4.8%
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