The Year of Recovery in Review: Nearly All Markets Approached, Matched, or Exceeded Pre-Pandemic RevPAR
Considering an Omicron start to the year, the rise of inflation, and concerns around a recession ahead, it is remarkable that the U.S. hotel industry wrapped up 2022 with RevPAR almost fully recovered in real terms. No matter the headwinds, U.S. consumers see travel as a birthright and continue to emphasize experiences with the pandemic now subsided. That has no doubt been key as the hotel industry once again displays its resilience. Nominal RevPAR (non-inflation […]
The post The Year of Recovery in Review: Nearly All Markets Approached, Matched, or Exceeded Pre-Pandemic RevPAR appeared first on LODGING Magazine.