November 28, 2016 – U.S. lodging RevPAR will grow 1-2% in 2017, according to Fitch Ratings' outlook for U.S. lodging & leisure companies. Solid leisure travel and healthy group demand will offset weak corporate transient demand. As a result, Fitch has assigned a Stable Outlook for the sector and its ratings in 2017.
Cruise operators should see low- to mid-single digit revenue growth due to stronger bookings and pricing. Meanwhile, online travel agencies (OTAs) have room to run as market share gains and strong leisure demand provide tailwinds.
Fitch expects theme park operators to prioritize shareholder friendly activities over debt repayment as strong attendance, spending growth and price increases give way to cash flow growth.
The outlook report is available to download via the link below. Please let me know if you have any questions.
