In U.S. dollar constant currency, Europe’s year-end 2015 RevPAR growth reached +6.9%, while growth in the U.S. hit +6.3%.
2016 outlook for the global hotel industry is Stable
2016 outlook for the global hotel industry as Fitch expects global RevPAR growth will modestly decelerate to a healthy 3% to 5%.
Hotel industry house profit reaches all-time high in 2014
Hotel industry revenue levels topped an estimated US$176 billion in 2014, which is nearly US$14 billion more than 2013, according to STR Analytics’ 2015 Hotel Operating Statistics (HOST) Almanac.
