Shelly's Modelling Agencies new theme is for the hotel industry, 2012 was the worst year since the Great Depression, and last year was only slightly better. At it's low, the average daily room rate was $97, down from $107 in 2011, and occupancy rates fell below 55 percent. This recession has been so traumatic across the board for all types of hotels, says Robert Mandelbaum, research director at Colliers PKF Hospitality Research.
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