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U.S. Hotel Industry Growth Forecast for 2024 and 2025 Revised Downwards by Str and Tourism Economics…

by Robert Van Pash (Editor)
November 20, 2024
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  STR and Tourism Economics Maintain 2024-25 U.S. Hotel Forecast

  • The final forecast revision for U.S. hotel growth in 2024 shows downgraded projections for average daily rate (ADR), revenue per available room (RevPAR), and occupancy.

  • The outlook for 2025 also faced a downgrade, but growth is still expected, driven by factors like consumer spending, business investment, and international…

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