What: "Hospitality Vision: U.S. Performance Review"
When: Available immediately
Where: www.deloitte.com/us/HospitalityVision
Details: The global tourism industry saw a significant slowdown in most world regions in 2008 --- particularly in the final quarter --- as the economic meltdown trickled through and impacted the number of tourists and business travelers making trips and staying in hotels.
While 2009 is expected to be a tough year for global tourism and business travel, the U.S. lodging sector is likely to return to growth in 2010. Despite the current economic challenges, the U.S. lodging industry is likely to continue to benefit longer term from the rising incomes being experienced in much of the developing world. Planning today for the upcoming changes in technology, demographics and societal concerns that will impact the lodging industry will help companies thrive in the years ahead.
Deloitte's Tourism, Hospitality & Leisure leaders are available for additional commentary about 2008 U.S. hospitality performance and the outlook for the industry in 2009.
