STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast just released at the Americas Lodging Investment Summit (ALIS). Additionally, a subsequent downward adjustment was made for 2024.
STR, TE slightly upgrade latest U.S. hotel forecast
Underpinned by continued strengthening in ADR, STR and Tourism Economics have slightly upgraded the U.S. hotel forecast.
STR & TE lift 2021 U.S. hotel forecast, lessen growth projections for 2022
Full recovery of demand remains on the same timeline for 2023, while RevPAR is projected to surpass 2019 levels in 2024.
U.K. hotel markets showing 2021 events boost
Glasgow’s hotel occupancy on the books is pushing 90% for the UN Climate Change Conference.
