u s revpar growth forecast
US RevPAR Forecast Lowered to 3%-4% Amid Signs of Fatigue
Fitch | August 2, 2016
NEW YORK - August 2, 2016 - US lodging fundamentals are decelerating and signs of fatigue are signaling a negative turn could be ahead, according to Fitch Ratings. We had expected RevPAR to accelerate modestly during the remainder of the year. However, lodging fundamentals are softening and RevPAR growth continues to decelerate, with 2016 likely to come in below the low end of our original 4% to 5% estimate. Supply is growing but restrained by available capital. Fitch now projects that US RevPAR will increase by 3%-4% during 2016 and by 1%-2% during 2017, with monthly comparisons possibly turning negative during the latter half of the y...
US RevPAR Forecast Trimmed on Weak Transient Trends Says Fitch
Fitch | March 3, 2016
Fitch Ratings-New York-03 March 2016: Fitch Ratings has lowered its 2016 U.S. RevPAR growth forecast to 4%-5% from 4%-6%. RevPAR growth will not likely exceed 5% for the year due to weaker than expected fourth-quarter and year-to-date transient demand growth. Fitch expects group demand -- hotel stays booked in room blocks of 10 or more -- to drive RevPAR growth for the U.S. lodging sector during 2016 and the balance of this upcycle, exceeding our 4%-5% expectation for the year by 100 to 200 basis points. Group demand can support hotel cash flows and credit profiles, but it is another indication that the U.S. lodging cycle is peaking. Th...
