NATIONAL REPORT—DLA Piper has released its 2009 Hospitality Outlook Survey, which discovered that nine of 10 top hospitality industry executives describe themselves as bearish and 62% predict the full-year 2009 U.S. hotel occupancy rate will drop to a new record low, eclipsing the previous record low set in 2002. The survey report further noted that 92% of respondents do not foresee an industry-wide recovery until 2010 or 2011. On a positive note, however, 65% of respondents have begun to see an upside and think current market conditions have created good buying opportunities for well-capitalized investors. Also of note is the fact that 75% of the respondents believe that investment activity in “green” hotels in a long-term trend; nine out of 10 think hotel asset values will decline during the next year; and 43% believe that the current recession has had a greater impact on RevPAR than any other previous recession during the past 30 years.