Tourism Economics

Full recovery of demand remains on track for 2023, while close-to-complete RevPAR recovery is still projected for 2024. 

STR and Tourism Economics project the industry will recapture 80% of demand by the end of 2021, although RevPAR will

'It will take until 2023 for occupancy to reach the 20-year historical average' said Jan Freitag, STR’s senior VP of

The baseline scenario assumes that all planned events scheduled between March and August are cancelled across Europe, with some recovery

Each percentage change was downgraded from a late-March forecast revision, which called for a 2020 RevPAR decrease of 50.6% followed

STR’s latest monthly data (February) showed 55,734 hotels and 5,341,586 rooms in the U.S. Property closures are expected to lead

For 2019 as a whole, the U.S. hotel industry is projected to report a 0.2% increase in occupancy to 66.3%,

For 2019 as a whole, the U.S. hotel industry is projected to report a 0.1% increase in occupancy to 66.2%,

For 2019, the U.S. hotel industry is projected to report flat occupancy at 66.2%, a 2.3% rise in average daily

For 2019, STR and Tourism Economics project the U.S. hotel industry to report a 0.1% increase in occupancy to 66.2%,