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U.S. LODGING INDUSTRY OVERVIEW
Bobby Bowers
SMITH TRAVEL RESEARCH
-1.12.20.4-1.74.72.9-0.29.62.01.97.44.9-0.26.11.1
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Supply Demand Occupancy ADR RevPAR
2006 2007 2008P
Total United States
Key Performance Indicators Percent ChangeApril YTD
Total United States
Active Development Pipeline - RoomsChange From Prior Year
March 2008 March 2007 Change % ChgIn Construction 207,468 176,290 31,178 17.7%“Planned” Pipeline 457,782 362,707 95,075 26.2%
Planned Pipeline includes projects in Final Planning and Planning phases
Source: STR / TWR / Dodge Construction Pipeline
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