Global
PricewaterhouseCoopers revised 2006 hotel forecasts and now expects 8.7 percent growth in revenue per available room
, the largest increase since 1980. PwC also expects occupancy to rise to 64.2 percent, the highest since 1996, and average daily rate to increase by 6.9 percent. For 2007, PwC predicted RevPAR growth between 4.7 percent and 9 percent across 12 major markets.