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...