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by Michael J. Shapiro | February 03, 2010

The U.S. hotel industry leading indicator, or HIL, increased in December 2009 for the ninth consecutive month, reported economic research firm e-forecasting.com in conjunction with Smith Travel Research. The HIL is a composite index designed to forecast business activity four to five months in advance. The fact that the index went up 1.8 percent during December bodes well for the hotel industry, according to STR, and should provide an opportunity to stabilize pricing in the coming months.