Lodging

MAY 18, 2023

DALLAS—CBRE is again raising its forecast for hotel performance this year, as stronger-than-expected demand and more modest supply growth drive occupancy gains. CBRE has revised its forecast for 2023 revenue per available room (RevPAR) to $97.89, up 6.0 from its previous forecast. percent year-over-year, and an increase of $0.43

Forecasting 263

Forecasting Average Daily Rate Occupancy Revenue 263

Lodging

NOVEMBER 15, 2024

hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE’s latest forecast. CBRE now forecasts a.5 This revision reflects a 40 basis point (bps) decrease in expected occupancy compared to the prior forecast, […] The post CBRE: U.S. percent in August.

Forecasting 287

Forecasting Occupancy Revenue Hotels 287

Lodging

DECEMBER 22, 2023

percent increase over last year and the second highest year-end travel forecast since 2000 when AAA began tracking holiday travel. This year-end holiday forecast, with an additional 2.5 […] The post AAA Predicts Second-Highest Domestic Holiday Travel Forecast Since 2000 appeared first on LODGING Magazine.

Forecasting 276

Forecasting Travel 276

Lodging

NOVEMBER 20, 2023

hotel forecast revision of 2023. Hotel Forecast Revision of 2023 appeared first on LODGING Magazine. 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. For 2023, growth in RevPAR was raised by 0.3

Forecasting 287

Forecasting Average Daily Rate Occupancy Tourism 287

Lodging

JUNE 27, 2025

This year’s domestic travel forecast is an increase of 1.7 AAA’s Independence Day forecast includes two weekends instead of one to better reflect the flow of holiday travelers. —AAA projects that 72.2 million travelers compared to last year and 7 million more than in 2019.

Forecasting 230

Forecasting Travel 230

Skift Blog

JUNE 18, 2023

planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers.

Forecasting 263

Forecasting Marketing Market Tourism 263

Hotel Management

JUNE 6, 2023

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%

Forecasting 264

Forecasting Average Daily Rate Occupancy Tourism 264

Lodging

AUGUST 8, 2024

When it comes to selecting an RMS, some hoteliers still opt for a […] The post Rigorous Revenue Management: AI Tech Tools Take Pricing and Forecasting Accuracy to the Next Level appeared first on LODGING Magazine.

Revenue Management 276

Revenue Management Forecasting Revenue Management 276

Skift Blog

JULY 22, 2024

Skift Take: Business travel is roaring back, with global spending projected to surpass pre-pandemic levels in dollar volume this year. Face-to-face wins. Sean O'Neill Read the Complete Story On Skift

Forecasting 321

Forecasting Business Travel Management 321

Skift Blog

AUGUST 8, 2024

Skift Take: Choice Hotels recently saw its U.S hotels continue to perform roughly 10% above 2019 levels in revenue per available room. Its executives believe that trend may roll on next year. Sean O'Neill Read the Complete Story On Skift

Forecasting 311

Forecasting Revenue Hotels 311

Lodging

JANUARY 23, 2024

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. Hotel Forecast of 2024 appeared first on LODGING Magazine. For 2024, growth in average daily rate (ADR) was raised by 0.1

Forecasting 179

Forecasting Average Daily Rate Occupancy Tourism 179

Skift Blog

FEBRUARY 20, 2024

Skift Take: CEO Elie Maalouf pointed to early results suggesting that IHG's recent marketing efforts and brand development work are leading to growth in a virtuous flywheel for the hotel group. Sean O'Neill Read the Complete Story On Skift

Forecasting 311

Forecasting Pipeline Hotels Branding 311

Lodging

JUNE 17, 2025

BETHESDA, Maryland—Otelier announced the launch of the next generation of TruePlan, its budgeting and forecasting platform. The redesign will include a new user interface that delivers a modern technology experience.

Forecasting 146

Forecasting Operations Hotels 146

Skift Blog

JUNE 6, 2024

Skift Take: There are economic pressures and segment-specific challenges, such as growing supply in the luxury market. Sean O'Neill Read the Complete Story On Skift

Forecasting 306

Forecasting Marketing Market Hotels 306

Skift Blog

OCTOBER 26, 2023

Skift Take: Accor is having a happy, "Emily in Paris" kind of year. High-spending Americans thronged Europe this summer, helping the hotel giant beat expectations for revenue and profit. Sean O'Neill Read the Complete Story On Skift

Forecasting 331

Forecasting Revenue Hotels 331

Skift Blog

JULY 25, 2024

Skift Take: Accor, the Paris-based hotel giant, predicts robust bookings and strong pricing power in the second half. Its executives aren't losing any sleep over airlines like Ryanair complaining about softening airfares. Sean O'Neill Read the Complete Story On Skift

Forecasting 321

Forecasting Business Travel Hotels 321

Skift Blog

APRIL 26, 2023

Skift Take: Heathrow is expecting a busy few months as the coronation of Britain's King Charles in May adds a spike to expected passenger numbers. This news fuels the irony of the country's king declining one of the airport's terminals to be named after him due to environmental concerns.

Forecasting 299

Forecasting Business 299

Skift Blog

JANUARY 5, 2024

Skift Take: Japan Airlines sees minimal financial impact from Tuesday's crash in Tokyo, and is even receiving compliments for its safety cutlure. Edward Russell Read the Complete Story On Skift

Forecasting 303

Forecasting 303

Skift Blog

OCTOBER 8, 2024

Skift Take: Days after getting the green light for gaming, Wynn gives a presentation to investors. Here are the highlights. Josh Corder Read the Complete Story On Skift

Forecasting 290

Forecasting Resorts Casinos Hotels 290

Skift Blog

JANUARY 27, 2025

Skift Take: Hotel broker JLL sees global hotel transactions jumping at least 15% this year. It expects more M&A, too, as brands seek other ways to grow besides constructing new properties. Sean O'Neill Read the Complete Story On Skift

Forecasting 234

Forecasting Construction Hotels Branding 234

Skift Blog

MAY 11, 2025

Skift Take: A new forecast from hotel broker JLL hits a note of optimism at a time when some critics worry Thai tourism is hitting the skids. Expect people to do fewer hotel deals in Thailand this year, but for those deals to be bigger. Read the Complete Story On Skift

Hotel Marketing 191

Hotel Marketing Forecasting Marketing Market 191

Skift Blog

MAY 29, 2024

Skift Take: Viking, the only pure-play luxury cruise line, has reported its first quarterly earnings since it went public. The company is targeting a English-speakers over the age of 55, a demographic with most of the wealth and a broad eagerness to travel. Sean O'Neill Read the Complete Story On Skift

Forecasting 317

Forecasting Travel 317

Skift Blog

DECEMBER 6, 2023

Skift Take: TUI is keeping an eye on global economic uncertainties, but ending the year with record revenue and a continued strategic shift in how it sells holidays to its customers paints a positive outlook for the company for now. Selene Brophy Read the Complete Story On Skift

Forecasting 279

Forecasting Revenue Operations 279

Skift Blog

NOVEMBER 7, 2023

Skift Take: The increasing return-to-office push — as well as the ongoing steady travel demand — is certainly coming at the first time for Uber, which is in a prime position to make a massive rebound from a challenging 2022. Rashaad Jorden Read the Complete Story On Skift

Forecasting 290

Forecasting Travel 290

Skift Blog

JUNE 14, 2023

Skift Take: This might be the summer of travel, but the economic uncertainty still has consumers choosing value above anything else. Srividya Kalyanaraman Read the Complete Story On Skift

Forecasting 264

Forecasting Travel Consumer Occupancy 264

Skift Blog

SEPTEMBER 1, 2023

Skift Take: You'd think a shrinking supply of short-term rentals would be a big boost to hotels. But it's not at all clear how it will play out, and some will benefit more than others. Sean O'Neill Read the Complete Story On Skift

Forecasting 317

Forecasting Hotels 317

Skift Blog

JULY 25, 2023

Skift Take: The Alaska Air Group's projected flat revenue growth is a major factor why shares dropped for some major U.S. carriers, another setback for an industry still fighting to make a full recovery from the pandemic. Rashaad Jorden Read the Complete Story On Skift

Forecasting 246

Forecasting Revenue Marketing Market 246

Skift Blog

NOVEMBER 25, 2024

Skift Take: With hotel brands making major strides in customer ownership, it is time to start anticipating when direct bookings will outpace third-party sites. Pranavi Agarwal and Seth Borko Read the Complete Story On Skift

OTA 264

OTA Forecasting Hotels Branding 264

Lodging

MAY 12, 2025

This years domestic travel forecast is an increase of 1.4 WASHINGTON, D.C.AAA projects 45.1 million people will travel at least 50 miles from home over the Memorial Day holiday period from Thursday, May 22, to Monday, May 26. million travelers compared to last year and sets a new Memorial Day weekend record.

Travel 245

Travel Forecasting 245

Skift Blog

MAY 31, 2023

Skift Take: All of Airbnb's competitors are vying for new listings, as well, so the company has some high targets to reach. And 2026 sometimes feels like it's a decade away; plenty of unknowns will shape prospects. Dennis Schaal Read the Complete Story On Skift

Forecasting 299

Forecasting Travel 299

Skift Blog

JUNE 20, 2023

Skift Take: While normalization of U.S. domestic leisure travel demand was expected, it is the increase in inbound international travel that has the U.S. Travel Association excited. Jess Wade Read the Complete Story On Skift

Forecasting 246

Forecasting Travel 246

Lodging

APRIL 14, 2025

The semi-annual report updated the latest opinions, experiences, and predictions of 80 hotel asset managers from the previous survey on topics ranging from forecast predictions to recession concerns. CAMBRIDGE, MassachusettsThe Hospitality Asset Managers Association (HAMA) announced the results of its Spring 2025 Industry Outlook Survey.

Forecasting 188

Forecasting Management Hospitality Hotels 188

Skift Blog

JULY 27, 2023

Skift Take: While consumer spending was key for Royal Caribbean's first quarter, demand across the board has led the company to its highest-ever revenue in the second quarter. Jess Wade Read the Complete Story On Skift

Forecasting 246

Forecasting Consumer Revenue 246

Lodging

MAY 30, 2025

Based on CBREs February 2025 Hotel Horizons InvestmentPerformance forecast, this trend is […] The post All Eyes on Operating Costs: Lessons Learned in 2024 and Cost-Control Advice for 2025 appeared first on LODGING Magazine.

Operations 147

Operations Forecasting Revenue Hotels 147

Skift Blog

JANUARY 3, 2024

Skift Take: Analyst David Katz of Jefferies forecasts the 2024 prospects for U.S.-based based hotel leaders Marriott, Hilton, Hyatt, Wyndham, and Choice. Sean O'Neill Read the Complete Story On Skift

Forecasting 333

Forecasting Hotels 333

Hotel Business

NOVEMBER 15, 2024

hotel performance is expected to reaccelerate in the fourth quarter and extend into 2025, according to CBRE ’s latest forecast. CBRE now forecasts a 0.5% This revision reflects a 40-basis point (bps) decrease in expected occupancy compared to the prior forecast, with occupancy anticipated to decline by 30 bps year-over-year. “The

Average Daily Rate 111

Average Daily Rate Forecasting Occupancy Hotels 111

Anthony Cole Training

JUNE 7, 2024

BAI’s forecast for financial services organizations’ deposit growth in the year ahead is negative, with a forecasted 2.4% In fact, according to BAI Banking Outlook: 2024 Trends, “the No. 1 business challenge for bankers will be growing their deposits. decline in deposits. “

Forecasting 314

Forecasting Consumer Services Business 314