The Hospitality Asset Managers Association’s Spring 2024 Industry Outlook survey showed that most respondents anticipate U.S. hotel RevPAR to recover by 2025, with over half considering a management and/or brand change. Top industry concerns include hotel demand, wage increases, and rising insurance costs.
APPROXIMATELY 83.83 PERCENT OF respondents from the “Spring 2024 Industry Outlook” survey believe that RevPAR will return to U.S. hotels as a whole no later than 2025, according to…