CBRE, Dallas, forecasts that hotel revenue per available room will grow steadily in 2025 and urban locations will outperform due to improved travel and the recovery of inbound international travel.
Tag: RevPAR
CBRE: Hotel Revenue Growth Predicted for 2024 Despite Slower Q3
CBRE, Dallas, is forecasting a recovery in revenue per available room growth for hotels in 2024.
STR, TE Upgrade Hotel Average Daily Rate, Revenue Forecast
STR and Tourism Economics lifted their year-over-year growth projections for hotel average daily rates and revenue per available room in their final hotel forecast revision of 2023.
Analysts Downgrade Hotel Forecast Again
STR and Tourism Economics once again updated their hotel sector forecast. They now expect a 57.5 percent revenue per available room decline this year and a 48 percent RevPAR increase next year.