u.s. lodging revpar
U.S. Lodging Fundamentals Portend Improved RevPAR Growth
Fitch | May 16, 2018
Fitch Ratings-New York/Chicago-16 May 2018: U.S. lodging RevPAR growth will be in the 2% - 4% range in 2018, according to Fitch Ratings. The agency raised its prior outlook of 0% - 2% growth due to better than expected corporate transient lodging demand in the context of continued, strong leisure demand and moderate industry supply growth. Higher-end resort hotels will outperform but elevated supply in key markets such as New York City will weigh on urban and upscale hotels. The sector credit outlook is stable, with most issuers reporting healthy operating fundamentals and managing leverage within stated financial policy targets. U.S. l...
U.S. Lodging RevPAR to Decelerate According to Fitch
Fitch | June 22, 2017
Fitch Ratings-New York-22 June 2017: Fitch Ratings expects U.S. lodging RevPAR will decelerate in 2H17, but remain positive, allowing the strongest and second longest recovery since 1987 to endure through at least 2018. Fitch expects low single-digit RevPAR growth over the next two years, with resort, suburban and airport locations outperforming due to less new supply. "Although leading hospitality and economic indicators are generally positive, market level performance will vary widely and key REIT strongholds like New York and San Francisco will be weak," said Stephen Boyd, Senior Director, U.S. Corporates. "Internation...
