ARA Forecasts US Rental Revenue To Exceed $57B in 2020

In a sign that the trend toward equipment renting is not slowing down, the American Rental Association says the rental industry can expect a compound annual growth rate of 4.9% over the next few years. ARA’s five-year forecast predicts that U.S. rental revenue will top $57 billion in 2020, a significant increase over the $47.6 billion estimated for 2016.

Source: New feed

Saudi: Sheraton Makkah to open in Q4 2016

Altayyar Travel Group Holding Company is set to build Sheraton Makkah Jabal Al Kaaba, which will feature 414 rooms and serviced apartments
Source: New feed