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

Lodging

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. Hotel Forecast in Final Revision of 2024 appeared first on LODGING Magazine. percentage points to +1.5 ppts to +1.4

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CoStar, Tourism Economics Downgrade Growth Projections in Revised U.S. Hotel Forecast Through 2026

Lodging

hotel forecast released at the NYU International Hospitality Investment Forum. Given Q1 underperformance and elevated macroeconomic concerns, forecasted growth rates were lowered across the top-line metrics: supply (down 0.1 Hotel Forecast Through 2026 appeared first on LODGING Magazine. percentage points), demand (down 0.6

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HUNTER Conference Kicks Off With Market Report and Forecast

Lodging

No limits.” […] The post HUNTER Conference Kicks Off With Market Report and Forecast appeared first on LODGING Magazine. Lee Hunter, Chairman of the Hunter Hotel Investment Conference, shared, “This year’s conference theme comes about as a profound sense of purpose.

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CBRE Forecasts Modest RevPAR Growth in 2025

Lodging

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will grow modestly in 2025, driven by the continued outperformance of urban locations benefiting from increased group and business travel, as well as a projected rise in demand for drive-to and regional leisure destinations. CBRE projected a 1.3 CBRE projected a 1.3

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CBRE Forecast Shows RevPAR to Increase in 2025

Lodging

DALLAS, TexasCBRE forecasted that revenue per available room (RevPAR) will continue to grow in 2025, as urban locations continue to outperform due to improved group and business travel and continued recovery of inbound international travel. CBRE forecasts a 2.0 CBRE forecasts a 2.0

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CoStar, TE Slightly Adjust Growth Projections in First U.S. Hotel Forecast of 2025

Lodging

hotel forecast of 2025 released at the Americas Lodging Investment Summit (ALIS). For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 Hotel Forecast of 2025 appeared first on LODGING Magazine. percent and +1.8 percent, respectively.

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CBRE Reduces U.S. Hotel Performance Forecast, Lodging Demand Softens

Lodging

DALLAS, Texas—CBRE reduced its forecast for U.S. Hotel Performance Forecast, Lodging Demand Softens appeared first on LODGING Magazine. hotel performance this year as lodging demand softens due to weaker-than-expected leisure travel and slowing corporate profit growth. CBRE now projects a 1.2 percent estimated in May 2024.