In Table 1, we show national Airbnb demand as a percent of traditional demand surpassed 2.5 percent in 2016. ... In Table 2, we show how average daily demand is broken down by each of the 60 markets that CBRE Hotels' Americas Research forecasts each quarter.
NASHVILLE, Tennessee -- The U.S. hotel industry is projected to experience continued performance growth through 2017, albeit at a slower rate, according to STR and Tourism Economics' most recent forecast ... "We're selling more rooms than ever before, we're setting records, we're not forecasting a recession," Hite said.
Based on the first half performance data, CBRE Hotels' Americas Research adjusted its forecast for the year 2016. ... The occupancy forecast represents an improvement over the 0.1 percent decline presented in June 2016 edition of Hotel Horizons ® , but the ADR and RevPAR forecast rates are 0.8 and 0.6 percentage points
Demand for Portland's hotels has reached new heights in recent years, spurring an influx of proposed supply. ... Given high demand levels and the limited amount of new supply this year, occupancy is forecast to increase in 2016, followed by a modest decline over the next three years as new supply outpaces demand
Following the 2015 record of $2.45 billion, total fees and surcharges collected by U.S. hotels are forecast to increase to another record level of $2.55 billion in 2016. ... U.S. lodging industry fees and surcharges have increased every year except for brief periods following 2001 and 2008 when lodging demand declined.
In the absence of catastrophic events, hotel demand usually falls victim to the natural death of the up-cycle. ... Our Hotel Horizons ® forecasts portend such a balance. During the next two years, supply growth is expected to moderately exceed demand growth in the U.S. hotel market.
The latest HIP reading will be used to update e-forecasting.com's total US Monthly Hotel Forecast as well as market level forecasts for the top 25 US markets. ... The firm also covers EMEA markets via a partnership with HotStats with hotel market profitability forecasts.
Our forecast is only reduced by the poor Q1 start, hence, our 2016 forecast is reduced from 5% revenue-per-available-room growth to 3.75% since Q1 was virtually flat to 2015. ... Revenue Management —Demand forecasts by market are good but the real question is "What are the booking patterns in the market?" Also, what future dates are already selling and at what pace?
The latest HIL reading is used to update e-forecasting.com's total US Monthly Hotel Forecast as well as market level forecasts for the top 25 US markets. ... The firm also covers EMEA markets via a partnership with HotStats with hotel market profitability forecasts.
The latest HIP reading will be used to update e-forecasting.com's total US Monthly Hotel Forecast as well as market level forecasts for the top 25 US markets. ... The firm also covers EMEA markets via a partnership with HotStats with hotel market profitability forecasts.
During that same period, demand growth (+2.1%) is expected to outweigh supply growth (+1.7%). ... Also in 2017, supply (+1.9%) and demand (+1.9%) are expected to grow at the same pace. Demand growth in the U.S. has outpaced supply growth each year dating back to 2010.
growth in demand. ... While ADR increases are starting to mute demand growth, the economy remains healthy and will generate increases in lodging demand for the foreseeable future.
Our forecast is only reduced by the poor Q1 start, hence, our 2016 forecast is reduced from 5 percent RevPAR growth to 3.75 percent since Q1 was virtually flat to 2015. U.S. ... Revenue Management Demand forecasts by market are good but the real question is "what are the booking patterns in the market?" What future dates are already selling and at what pace?
Four of the forward looking indicators of business activity that comprise Hotel Industry Leading (HIL) Indicator had a positive contribution to its change in April: Jobs Market; Foreign Demand; New Orders ... @e-forecasting.com with subject: US Hotel Forecast. e-forecasting.com, an international economic research and consulting firm, offers forecasts of the economic environment using proprietary, real-time
HENDERSONVILLE, Tennessee -- The U.S. hotel industry is projected to experience record-breaking room demand but low room rate growth during June through August 2016, according to summer forecast figures ... That growth will follow the current trend of record-breaking demand performance in the U.S.
Occupancy levels at US hotels have begun to stabilize after reaching peak levels in 2015, according to Hospitality Directions , the lodging forecast released today by PwC US . ... For 2017, PwC expects demand growth to slow, just as the pace of supply growth accelerates above the long-term average for the first time since 2009.
The local lodging market has benefited as well from the generation of commercial and group demand. ... as well as meeting and group demand.
as well as market level forecasts for the top 25 US markets. ... The firm also covers EMEA markets via a partnership with HotStats with hotel market profitability forecasts.
Between January 1989 and March 2016, the market was affected by three national recessions, which produced some dramatic dips in demand. ... Nevertheless, hotel demand did not suffer as much as during the previous two recessions.
In addition, running natively in a browser on both desktop and tablet devices, it delivers real-time operating metrics so that hotels can more accurately forecast demand and scale guest services accordingly