Stronger-Than-Expected U.S. Hotel Demand Drives Updated Forecast
TR Number
Date
2021-05-11
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Northstar Meetings Group
Abstract
STR and Lodging Economics are encouraged by the impact that the vaccine rollout and fiscal stimulus checks are having on the leisure and domestic travel segment. However, they note that the recovery of business and group travel is significantly in the future. Currently, STR and Lodging Economics are forecasting that occupancy will still be 32% below 2019 by year end.
Description
Keywords
STR, Lodging Economics, Northstar Travel, Pandemic Response