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Topic - U.S. Hotel Industry Outlook

U.S. Hotel Industry Outlook

Top 5 Hotel & Lodging Market Trend Predictions - By Sean Skellie

Current trends indicate that the industry is reporting a decline in many markets for leisure travel (Thursday - Saturday as many consumers are getting out priced in the market), while group travel remains strong; with a slight increase in corporate bookings (Monday - Wednesday travel). The Industry will see 65+ percent occupancy overall and even higher ADR in 2024.






U.S. Hotel Industry Outlook

HSMAI Perspective: Anticipating 2023 - By Robert A. Gilbert

For many in the hospitality industry, 2022 has been a year of recovery that has exceeded all expectations. Leisure travel has continued to exceed expectations, group travel has started to rebound in more markets, and many are continuing to experience record level ADR growth. Unfortunately, not everything is rosy, and effects of the pandemic are still being felt in labor shortages, especially at the unit level of hotels.