U.S. hotel executives say they are betting on brands that specialize in extended stays for travelers, viewing those projects as less risky given the struggle developers face in securing financing. | June 5, 2023
Article - STR and Tourism Economics Report Upgrade U.S. ADR and RevPAR Forecast; Profit Growth to Be Limited - STR and Tourism Economics upgraded the 2023 U.S. hotel forecast just presented at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.
By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) - U.S. hotel executives say they are betting on brands that specialize in extended stays fo.
By Doyinsola Oladipo and Bianca Flowers NEW YORK (Reuters) - U.S. hotel executives say they are betting on brands that specialize in extended stays for .
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