Lodging

NOVEMBER 19, 2024

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

Forecasting 262

Forecasting Average Daily Rate Occupancy Tourism 262

Lodging

JUNE 3, 2025

WASHINGTONCoStar and Tourism Economics downgraded growth projections in a revised 2025-26 U.S. 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

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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

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Lodging

NOVEMBER 20, 2023

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

Forecasting 290

Forecasting Average Daily Rate Occupancy Tourism 290

Lodging

JANUARY 18, 2024

Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic business travel will remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released after U.S. WASHINGTON—The U.S.

Travel 290

Travel Business Forecasting Tourism 290

Hotel Management

APRIL 21, 2025

According to Colliers Hotels New Zealand Hotel Market Snapshot for Q1, based on information from Hotel Data New Zealand, revenue per available room (RevPAR) was up 6.5% New Zealands international visitor numbers sit at 86% of pre-Covid levels, with the Tourism Export Council of New Zealand forecasting a full recovery by March 2027.

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Hotel Management

JANUARY 14, 2025

Event-related occupancy forecasts are particularly impressive, given STR and JLL report Melbourne has welcomed 81 new hotels and over 5,200 rooms in the five-year period between 2019 and 2024, with another 2,000 rooms still to come, said Accommodation Australia (Victoria) General Manager, Dougal Hollis.

Business 130

Business Occupancy Forecasting Accommodation 130