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NYU Conference: STR upgrades 2023 forecast, with ADR and RevPAR set to increase

Hotel Management

STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5%

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PwC downgrades 2025 U.S. hotel forecast

Hospitality Today

hotel forecast Second-quarter slowdown and macroeconomic headwinds weigh on RevPAR outlook, with modest recovery expected in the second half of the year Jun 12, 2025 Consulting firm PwC has revised its 2025 U.S. hotel performance forecast downward, citing economic uncertainty, geopolitical tensions, and a soft second quarter.

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Asia Pacific Tourism Recovery: a Mixed Picture, But Visa Easing and More Air Capacity Would Help

Hotel Speak

New consumer preferences and habits have emerged in the first half of 2024 in an Asia Pacific tourism sector which is recovering from the pandemic years in an uneven manner. Could AI bots replace tourism forecasters in universities? “We China as a destination has its challenges too. So far we’re safe,” he quipped.

Tourism 110
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STAAH unveils the top 10 booking channels for Southeast Asian region

STAAH

STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels in key tourism destinations across Southeast Asia, including Malaysia, Vietnam, Singapore, Indonesia, Thailand and Philippines, over the past year.

OTA 109
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Exclusive: Travel and Leisure Co ‘laser focused’ on entering new countries and markets this year

Hotel Management

In the 22nd edition of the HM Industry Leaders Forum, HM invited leading hoteliers, tourism professionals and suppliers across Asia Pacific and the world to their insights into the hotel landscape and their outlook for the year ahead. Here, Travel and Leisure Co. The result: this club has since experienced over 76% member growth.

Travel 246
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Senate proposal threatens to cripple U.S. tourism marketing

Hospitality Today

tourism marketing U.S. Industry leaders warn the proposed cuts would have damaging consequences not only for tourism promotion but for the broader U.S. Strategic timing: With major tourism-driven events on the horizon, industry leaders argue that underfunding Brand USA would be a strategic misstep for the U.S. Disneys U.S.

Tourism 40
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Analysis: what investors want in South East Asia, according to JLL’s APAC chief

Hotel Management

Localized in Southeast Asia, RevPAR levels are just below 2019 levels by less than 2%, driven by high average daily rates (ADRs) as the market saw a shift in consumers’ willingness to pay for quality both product and experience. In 2024, JLL forecasts that value-add opportunities in Southeast Asia will be on the radars of investors.