u s lodging industry forecast
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...
U.S. Lodging Industry Performance Appears to Be Sustainable
CBRE Group, Inc. | November 28, 2017
CBRE Research Forecasts Occupancy to Increase Through 2019 Atlanta – November 28, 2017 – The U.S. lodging industry is forecast to enjoy continued levels of record occupancy through 2019. If achieved, this will mark a 10-year period of uninterrupted growth in this key industry metric, something U.S. hoteliers have never experienced in the past 86 years. Based on the recently released December 2017 edition of Hotel Horizons®, CBRE Hotels' Americas Research is forecasting the annual average occupancy rate for U.S. hotels to hit 65.9 percent in 2017 and essentially remain at this level through the end of the decade. "Given t...
