Tag: Tourism Economics
STR and TE Revise U.S. Hotel Forecast, Lower Growth Projections
NASHVILLE—STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-2024 U.S. hotel forecast presented at the Hotel Data Conference.
For 2023, growth...
STR, TE Update 2023 U.S. Hotel Forecast ADR and RevPAR Projections
NEW YORK—STR and Tourism Economics upgraded the 2023 U.S. hotel forecast at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance...
LODGING Live at Hunter Conference: Hospitality Will Defy Economic Gravity Despite Likely Mild Recession...
While acknowledging a “mild recession” is likely in ’23, economist Adam Sacks nonetheless delivered generally positive news for hospitality during the keynote session at...
Event Coverage: STR, TE Upgrade 2023 U.S. Hotel Forecast With Adjusted Projections
LOS ANGELES—STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast at the 2023 Americas Lodging Investment Summit (ALIS) in...
STR and TE Adjust U.S. Hotel Forecast to Reflect Slightly Lower Occupancy Projections
HENDERSONVILLE, Tennessee—STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR)...