by Michael J. Shapiro | May 26, 2010

PKF Hospitality Research projects a 1.7 percent growth in revenue per available room this year for U.S. hotels, according to May edition of the company's "Hotel Horizons" report. The prediction is an improvement over PKF's March forecast, because of better-than-expected demand this spring. PKF still forecasts a drop in bottom-line profits for hoteliers, however, calling for a 1.4 percent decrease this year -- due in part to a continued slide in average daily rate. The company projects a drop of 1.6 percent in ADR for the year.