Two hotel sector data firms, STR and Tourism Economics, significantly downgraded their 2024-2025 U.S. hotel forecast.
Tag: STR
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.
STR: Hotel Pipeline Shows Confidence in Business Travel
Hotel developers show confidence in upper-upscale properties despite the segment’s slow recovery from the COVID downturn, reported STR, Hendersonville, Tenn.
STR: Labor, Energy Costs Top Hospitality Industry Challenges
Labor-related issues and energy costs rank highest among the challenges facing the hotel sector, reported STR, Hendersonville, Tenn.
2023 Hotel Forecast Gets an Upgrade; Dip in 2024 Outlook
STR and Tourism Economics, Henderson, Tenn., made a modest upgrade to their 2023 U.S. hotel forecast, while making a downward adjustment for 2024.
STR: Hotel Construction Up Year-over-Year for First Time Since Late 2020
U.S. hotel construction increased slightly in December after 25 consecutive months of year-over-year declines, reported STR, Hendersonville, Tenn.