Tag: forecast
TravelClick Data Shows Steady Rates and Bookings for Second Half of 2018
NEW YORK–The second half of 2018 has experienced stable rates and bookings across all travel segments—up 1.80 percent in average daily rates (ADR) and...
Global Hotel Rates Are Expected to Increase Up to 3 Percent Next Year
ATLANTA—Global hotel rates are expected to increase 1 to 3 percent in 2019 in most markets around the world, according to the 2019 Industry...
CBRE’s June Update Maintains Positive Forecast for U.S. Lodging Industry
COLUMBUS—At the end of May, CBRE Hotels Americas Research enhanced its outlook for the U.S. lodging industry in 2018, based on better-than-expected first quarter...
CBRE Research Forecasts Occupancy to Increase Through 2019
Atlanta–The U.S. lodging industry is forecast to enjoy continued levels of record occupancy through 2019, according to a recently released December 2017 edition of...
Hotel Openings Grow Steadily As Cycle Matures
PORTSMOUTH, NH—By the end of the third quarter, 701 hotels totaling 82,484 rooms had already opened in the U.S. with another 278 projects/29,532 rooms...