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STR, TE maintain ADR and RevPAR forecast in the last revision of 2022

STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation.
United States City Of United Kingdom Saran Ryan Asia Pacific Costar Group Inc

STR, TE lift ADR projections further in revised U.S. hotel forecast

STR and Tourism Economics adjusted occupancy downward but lifted projections once again for average daily rate (ADR) in the revised U.S. hotel forecast just presented at the 14th Annual Hotel Data Conference. Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until 2025 when adjusted for inflation.
United States City Of United Kingdom Saran Ryan Asia Pacific Costar Group Inc

STR, TE upgrade forecast to full U.S. RevPAR recovery in 2022

STR and Tourism Economics have upgraded the recovery timeline for U.S. hotel revenue per available room (RevPAR). On a nominal basis, the metric is now expected to surpass 2019 levels in 2022, according to the latest forecast just presented at the 44th Annual NYU International Hospitality Industry Investment Conference.
United States City Of United Kingdom Saran Ryan Asia Pacific Costar Group Inc

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Nursing, tech graduates receive health-care pins

1 of 3 Delia Graham of Valdosta celebrates after receiving her pin April 29 at a drive-through ceremony for graduates of Southern Regional Techs Associate of Science in Nursing program at its Thomasville campus. Glenn Whittington Whittington Photography Kim Ivey of Tifton, recipient of both the Clinical Excellence Award and The Nightingale Award, participates in a drive-through pinning ceremony for graduates of SRTCs Associate of Science in Nursing program at its Tift...
Al Qahirah United States Norman Park Sale City Fort Valley Jody Stephens

How Luxury Travel Is Leading the Recovery

More travel executives get their mission-critical industry news from Skift than any other source on the planet.Tell me more The managers of Aethos Corsica weren’t sure what to expect when debuting their nine-suite boutique hotel this month. Pandemic restrictions in many countries had quelled immediate international travel. But the owners needn’t have wondered. “We’ve been experiencing a tremendous increase in bookings recently — especially for our larger suites,” said Ariane Chapot,...
Deer Valley United States Over Water United Arab Emirates Hong Kong United Kingdom
Source: skift.com

Hotels in Corporate Markets the Hardest-Hit in Central, South America

"Its very discounted rates for these hotels that were occupied through mining workers mostly," she said. Other corporate-driven markets like Bogotá, Colombia; Santiago, Chile; San José, Costa Rica; Buenos Aires, Argentina; Quito, Ecuador; Montevideo, Uruguay; and Panama City, Panama, all saw continued poor performance, with occupancy consistently below 30%, until some weekend demand began to pick up in just the past few months. "In 2021, the daily data began picking up some weekend demand spi...
Distrito Federal United States Costa Rica Panama City Santa Marta Buenos Aires
Source: costar.com

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