Lodging Analytics Research & Consulting (LARC) Provides 2022 U.S. Lodging Industry Forecast Update

January 25, 2022

January 25, 2022 - Over the past two months, the Omicron variant of Covid-19 has spread across the country further derailing the lodging recovery.  While leisure demand remains robust, continued uncertainty surrounding the duration and magnitude of future variants has made it increasingly difficult for corporations to hold return-to-office plans.  As such, group and corporate travel has only slowly begun to rebound and it remains unclear how quickly corporate travel will recover to pre-pandemic levels. Our U.S. industry forecast released on December 1, 2021, acknowledged these challenges, and we had a slightly more positive view of econo...