Tag: forecast
New Hotel Supply and Strong Economy Influence Hotel Forecast
New hotel rooms coming onto the U.S. market shouldn’t be a concern for established hotel operators because demand will continue to exceed moderating new-supply...
Mumford Company Forecasts Strong First Half of 2019 for Hotel Deals
Newport News, Va.—Mumford Company, a full-service hospitality brokerage advisory firm since 1978, is forecasting robust sales results for the first and second quarters of...
U.S. Lodging Outlook Good Through 2020, With Economic ‘Blip’ in 2021, Says CBRE
ATLANTA—A favorable economic outlook will lead to continued growth in U.S. hotel revenues and profits through 2020. However, an economic slowdown in 2021 will...
Deloitte Releases Its 2019 U.S. Travel and Hospitality Outlook
It’s been a decade since the post-Recession boom of hospitality and travel first began. In this short amount of time, the industry has reached...
A Record 112.5 Million Will Travel This Holiday Season, Says AAA
ORLANDO, Fla.—AAA forecasts that more than one-third of Americans will travel this holiday season. The record-breaking 112.5 million travelers taking to the nation's runways,...