PwC US said in an updated performance forecast for U.S. hotels that it expects continued improvements in hotel fundamentals for the rest of the year and in 2014. PwC projects a 5.5 percent growth in revenue per available room in 2013 and a 5.9 percent growth in the same metric in 2014 amid steady improvements in average daily rate and occupancy. Occupancy levels are expected to reach 62.2 percent this year due to a 2 percent rise in demand and a 0.9 percent supply increase. Read the HotelsMag.com story here.