Tag: forecast
STR and Tourism Economics Slightly Upgrade 2020 U.S. Hotel Forecast
HENDERSONVILLE, Tennessee—With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released...
Recovery Patterns From Historical Recessions
Since the start of the COVID-19 pandemic, CBRE has analyzed the operating performance of U.S. hotels during historical economic recessions to estimate the level...
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,...
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...
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...