LARC Unveils Impact of Economic Uncertainty on the U.S. Hotel Industry

• The U.S. economic outlook has significantly degraded over the past two months, primarily due to the current administration’s tariffs and lack of transparency.
• These economic changes have led to a decline in consumer sentiment and a drop in advance bookings between Canada and the U.S. by more than 70% for the summer leisure travel season.

The U.S. economic landscape has significantly degraded over the past two months, leading to heightened uncertainty. This instability is primarily driven by the current…