- The luxury segment has executed the most ideal rebound scenario. "It's great growth on top of great growth," Freitag said. "Good rate increases with no demand increases." - Group business is back, but requires a harder look, Berman said. "There's no question a year ago the group segment was in the tank," he said. "It still has a long way to go, but we've certainly seen an increase in demand. The key here is [group travelers] are spending less. We need to look beyond RevPAR numbers when it comes to group." - Still-high unemployment numbers may not affect the overall hotel industry as much as previously feared, according to Corgel. "High unemployment is concentrated among people who are not the regular occupants of our hotels," he said. "The leisure traveler who stays in our hotels is out there, as well as the business traveler." - Major markets continue to outperform, according to Berman, who said PwC calculated May 2011 year-to-date ADR growth in the top 25 U.S. markets at 4.2 percent, yielding overall RevPAR growth of 9.8 percent. - Transient business (STR defines transient stays at one to nine roomnights) is coming back strong, Freitag said, with number of transient roomnights sold outpacing 2007 numbers, despite rate coming in at lower than 2007 levels. • Lodging recovered faster than other top sectors, including the auto industry and housing, after this recession Get the full story at Hospitality World Network