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U.S. Travel Association Biannual Forecast Shows Uneven Travel Recovery

WASHINGTON—Days after the U.S. reopened its land and air borders to vaccinated international visitors, U.S. Travel Association released its biannual forecast, which shows an...
Hotel Forecast Toolkit

STR, TE Update Forecast: U.S. Hotel Demand and ADR Will Near Full Recovery in...

NEW YORK — U.S. hotel demand as well as average daily rate (ADR) on a nominal basis will near full recovery in 2022, according...
Hotel Forecast Toolkit

STR and Tourism Economics Upgrade 2021 U.S. Hotel Forecast, Lessen Growth Projections for 2022

NASHVILLE — Just released at the 13th Annual Hotel Data Conference, STR and Tourism Economics have upgraded the U.S. hotel forecast for 2021 as...
Family roadtrip

Limited-Service Hotels to Take Center Stage This Summer Travel Season

After more than a year of struggling to fill rooms, hoteliers are finally seeing some positive signals. U.S. hotels are recouping some of their...
empty front desk

Labor Cost Trends in 2020

Based on CBRE’s survey of monthly operating performance, U.S. hotels experienced a 58 percent decline in total hotel revenues from 2019 to 2020. This...