CoStar, TE Slightly Adjust Growth Projections in First U.S. Hotel Forecast of 2025
WASHINGTON—CoStar and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2025 released at the Americas Lodging Investment Summit (ALIS). For 2025, projected gains in average daily rate (ADR) and revenue per available room (RevPAR) were unchanged from the previous forecast, +1.6 percent and +1.8 percent, respectively. Occupancy for the year was raised 0.1 percentage points to 63.1 percent. “While business optimism is on the rise, economic data has […]
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