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2020 U.S. Hotel Forecast

STR and Tourism Economics Slightly Upgrade 2020 U.S. Hotel Forecast

HENDERSONVILLE, Tennessee—With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released...
Mark Woodworth, senior managing director, CBRE Hotels’ America Research, moderated the “Statistically Speaking” session, which featured top industry research and consultation specialists. The co-presenters explored the latest data trends in the hospitality industry and forecasts for the year ahead. (Pictured left to right: Amanda Hite, president and CEO, STR; Mark Woodworth; and Stephen Rushmore, Jr., president and CEO, HVS. (Photo credit: Jessica Alva)

STR and Tourism Economics Downgrade U.S. Hotel Forecast

NEW YORK—The U.S. hotel industry is projected to see overall performance growth of 2 percent for 2019 and 1.9 percent for 2020, according to...