Forecasters Cut Outlook for Hotel Demand
STR and CBRE lowered their forecast for U.S. hotel demand growth with a broad moderation across multiple segments.
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STR and CBRE lowered their forecast for U.S. hotel demand growth with a broad moderation across multiple segments.
Article - Hospitality Industry Should Fare Better Than US Economy in 2024, Analysts Say - CoStar - During the numbers panel at ALIS, hotel industry data experts shared their forecasts, demand segment breakdowns and more.
Article - STR and Tourism Economics Maintain Projections in First U.S. Hotel Forecast of 2024 - STR and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 just released at the Americas Lodging Investment Summit (ALIS).
Article - U.S. Hotel Stocks Jumped 10.5% in December, Ended Year Up 38.4% - In December, the Baird/STR Hotel Stock Index surpassed the performance of both the S&P 500 (+4.4%) and the MSCI US REIT Index (+9.0%).
The Baird/STR Hotel Stock Index increased 9.3% in November to a level of 6,119.