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Online shopping, holiday spending

A Tale of Two Seasons: Deloitte Forecasts Holiday Spending Scenarios

NEW YORK — Holiday retail sales are likely to increase between 1 percent and 1.5 percent, according to Deloitte’s annual holiday retail forecast. Overall,...
Road trip

Arrivalist Forecasts 42.5 Million Americans Will Hit the Road Labor Day Weekend

NEW YORK — Location data company Arrivalist projects that Labor Day holiday road trip volume will be down just 5.3 percent compared to last...
COVID-19 forecast travel

Magid HTL Forecast Tracker: Annual Hotel Occupancy to Decline 29 Percent Over Next Year

MINNEAPOLIS — The ongoing impact of the COVID-19 pandemic will lead to a 29 percent decline in annual hotel occupancy over the next 12...
Coronavirus economic impact

Revised Forecast: U.S. Hotel Room Revenue Unlikely to Recover Until 2024

HENDERSONVILLE, Tenn. — Full recovery in U.S. hotel demand and room revenue remains unlikely until 2023 and 2024, respectively, according to the slightly downgraded...
Coronavirus / COVID-19

STR: ADR Not Expected to Recover to Pre-2020 Levels in the Next Five Years

HENDERSONVILLE, Tenn. — Even with improving performance already underway, U.S. hotel demand will not return completely to pre-pandemic levels until 2023, according to the...
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