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.

Hotel RevPAR Forecast to Flatten

The hotel sector might see zero revenue per available room growth this year for the first time since 2009, said STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa.