Higher-end hotels will continue to drive industry performance, according to CoStar, Washington, D.C. and Tourism Economics, Philadelphia.
Tag: Hotel Sector

Hotel Construction Reaches Historic High
Lodging Econometrics, Portsmouth, N.H., reported U.S. hotel construction hit a new high in the fourth quarter.

CBRE Forecast Calls for Hotel Growth to Improve in Late 2024; Early 2025
U.S. hotel performance should start to accelerate soon despite a sluggish summer and third quarter, according to CBRE, Dallas.

STR, Tourism Economics Hotel Forecast Dips
STR and Tourism Economics downgraded their hotel sector forecast for the rest of 2024.

Analysts Downgrade U.S. Hotel Forecast
Two hotel sector data firms, STR and Tourism Economics, significantly downgraded their 2024-2025 U.S. hotel forecast.

STR, Tourism Economics Increase Hotel Growth Projections Slightly
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., increased their hotel-sector growth projections–just slightly–in their new joint forecast.

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.

STR, TE Lower Hotel Growth Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., lowered their year-over-year growth projections in a revised 2023-24 U.S. hotel forecast.

STR, TE Lower Hotel Growth Forecast
STR, Hendersonville, Tenn, and Tourism Economics, Wayne, Pa., lowered their year-over-year growth projections in a revised 2023-24 U.S. hotel forecast.

STR, TE Lift Hotel Forecast
STR, Hendersonville, Tenn., and Tourism Economics, Wayne, Pa., upgraded their hotel sector forecast for the rest of 2023.