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STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast just presented at the 15th Annual Hotel Data Conference.

Based on sentiments shared at this year's NYU International Hospitality Industry Investment Conference, impact from high inflation and recession fears appears to have done little to dampen the hotel sector's momentum.

STR and Tourism Economics upgraded the 2023 US hotel forecast just presented at the 45th Annual NYU International Hospit

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.

The Hospitality Sales and Marketing Association International’s (HSMAI) Commercial Strategy Week will take place in person in Toronto, Ontario, Canada, from June 26-29, 2023. HSMAI’s Commercial Strategy Week is Leading the Way in connecting senior leaders in hotel marketing in meaningful conversations about the most important strategic issues facing the business today and in delivering the most comprehensive revenue optimization event for the hotel industry. The week’s events reflect the convergence of marketing, revenue optimization, and other commercial functions into new and evolving ...