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STR, TE Downgrade U.S. Hotel Forecast in Final Revision of 2024

Lodging

NASHVILLE—STR and Tourism Economics ​downgraded the growth rate in the final U.S. hotel forecast revision of 2024. percent, after the previous forecast projected the metric to remain steady from 2023. percent, after the previous forecast projected the metric to remain steady from 2023. percentage points to +1.5

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STR, TE lower U.S. hotel growth forecast in final revision of 2024

Hospitality Net

STR and Tourism Economics downgraded the growth rate in the final U.S. hotel forecast revision of 2024.

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PolyU develops the first self-adaptive platform for tourism demand forecasts across the Greater Bay Area

Hospitality Net

Total international visitor arrivals to the Greater Bay Area (GBA) are forecasted to recover to the pre-pandemic level at close to 130 million by the end of 2024, and the total number of inbound visitor arrivals to Hong Kong to recover to the 2018 level of 65 million by 2025.

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STR, TE Adjust First U.S. Hotel Forecast of 2024

Lodging

HENDERSONVILLE, Tennessee—STR and Tourism Economics ​made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 at the Americas Lodging Investment Summit (ALIS). percentage points, while occupancy and revenue per available room (RevPAR) were unchanged from the previous forecast.

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STR, TE Lift ADR and RevPAR Predictions in Final U.S. Hotel Forecast Revision of 2023

Lodging

HENDERSONVILLE, Tennessee—STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023. Hotel Forecast Revision of 2023 appeared first on LODGING Magazine. For 2023, growth in RevPAR was raised by 0.3

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STR, TE upgrade U.S. ADR and RevPAR forecast

Hospitality Net

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

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STR, TE maintain 2024-25 U.S. hotel forecast

Hospitality Net

STR and Tourism Economics made slight adjustments to the 2024-25 U.S. hotel forecast just released at the 16th Annual Hotel Data Conference.