The U.S. hotel industry is navigating significant challenges stemming from President Trump’s tariff war, according to a leading hotel asset manager whose team runs a $12.5 billion portfolio of properties on behalf of owners.
Michelle Russo, founder and CEO of HotelAVE, reports that trade disputes are disrupting supply chains and tourism forecasts. She has downwardly revised the firm’s outlook for the year.
“I basically told my team that they should assume RevPAR [revenue per available room] is going to be down 5% year-over-year,” Russo explained.
“That’s not me giving a forecast to the industry, and hopefully, things won’t be that bad,” she clarified. “But I want cost…
Get curated travel AI insights — choose the newsletters that matter to you.
ALTOUR Expands into Thailand, Strengthening Corporate Travel Network Across Southeast Asia BANGKOK, THAILAND (25 March, 2026) – ALTOUR, a leading...
Read moreDetails
Comprehensive Summarization: Korean Air and French space company Exotrail have signed a memorandum of understanding (MOU) on April 2 in...
Read moreDetails
