Tag: Tourism Economics
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)...
STR, Tourism Economics Further Revise U.S. Hotel Forecast Projections
NASHVILLE—STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just...
STR, Tourism Economics Upgrade Forecast to Full U.S. RevPAR Recovery in 2022
NEW YORK—STR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric...
Uneven Recovery: STR and Tourism Economics Slightly Upgrade U.S. Hotel Forecast
LOS ANGELES — Underpinned by continued strengthening in average daily rate (ADR), STR and Tourism Economics have slightly upgraded the U.S. hotel forecast, just...
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...