Tag: forecast
CBRE Updates Forecast, Predicts 37 Percent RevPAR Decline for 2020
This week, CBRE released an updated 2020 outlook that analyzes the impact of the COVID-19 pandemic on hotel performance and provides insights into recovery...
STR: RevPAR Forecast to Flatten in 2020
LOS ANGELES — For the first time since 2009, the U.S. hotel industry is projected for a non-growth year in revenue per available room...
CBRE: U.S. Lodging Revenue Growth to Slow Through 2021
ATLANTA — CBRE Hotels Research forecasts that revenue growth will continue to diminish, but the U.S. lodging industry will remain strong through the next...
STR Downgrades RevPAR Growth Projections
NASHVILLE — RevPAR growth projections for U.S. hotels have been downgraded to less than 1 percent for 2019 and 2020, according to STR and...
Hotel Horizons – 2020 Performance Decelerates, But 2021 Improves
ATLANTA – According to the September 2019 edition of Hotel Horizons, CBRE’s forecasts for RevPAR changes in 2019 and 2020 have been adjusted slightly downward,...