A research produced by
The hotel industry faces a more competitive and challenging environment in 2013 with continuing economic headwinds likely to hold back growth. RevPAR growth is expected to slow in 2013 and there will be no double digit gains in any of the cities surveyed. Again the story is a little different in scale if we compare growth in euros and in local currency, so on tables 1-2 we rank the cities by both measures.
Source : PWC
