Performance
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North American Hoteliers Kick Off Second Half of 2018 with Continued Steady Rates and Bookings; Q2 2019 Shows Signs of Softness

Transient business travel, however, is experiencing more pronounced growth for the quarter, up 2.56 percent in ADR, 2.81 percent in bookings and 5.45 percent in revenue per available room (RevPAR)."The outlook for the remainder of Q3 and Q4 RevPAR growth is continuing on the positive trajectory that occurred in the first half of 2018," said John Hach, Senior Industry Analyst, TravelClick.

Ten Years Later: Has The U.S. Lodging Industry Really Recovered?

By Robert Mandelbaum - Director of Research Information Services at CBRE Hotels By Keval Rama - Research Information Services Intern at CBRE

Lodging is a cyclical industry meaning that it passes over time through four distinct phases: peak, contraction, trough and expansion. Most industry participants believe that 2007 was the previous peak of the current business cycle following six years of expansion from the 2001 industry recession.