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Terms of Use:  This report is sold or otherwise made available on an individual basis and no part may be reproduced or transmitted, in any form or by any means, without the express written consent of Horwath HTL.  If and when such permission is granted, you must always source ‘Horwath HTL, 2017’.  Requests to transmit or republish any of the information contained in the report should be sent to

Disclaimer:  The information contained in this report, is based on data provided by participating hotel properties.  This data has not been audited or verified by Horwath HTL or any third party as to its accuracy. While every effort has been made to ensure that data obtained is correct, the accuracy of the information presented is not in any way guaranteed by Horwath HTL.  Users of this information should not rely solely on this information for commercial and financial decisions; any such reliance is at the users risk. Horwath HTL will not accept any liability for any loss, financial or otherwise, resulting from decisions taken based on the data presented.