u.s. lodging sector

/Tag: u.s. lodging sector

u.s. lodging sector

PwC Hospitality Directions U.S. Report Updates Lodging Outlook Suggesting Sustained Momentum Through 2019

PwC Hospitality Directions US | August 28, 2018

Stronger economic indicators in Q2, coupled with accelerating group demand, suggests sustained momentum for the lodging sector through 2019 Second quarter fundamentals remained positive, as consumer confidence continued. Here is a quick summary of its findings: Q2 results yielded strong demand for hotels, outpacing increases in supply, as well as the highest Q2 increase in ADR since 2016. Continued growth in demand led to a midyear year-to-date occupancy of 65.9 percent. Looking ahead to 2019, there is an expectation of continued confidence by hoteliers as increases in room rates continue to become a bigger driver of RevPAR growth. ...

Fitch’s 2018 Outlook for U.S. Lodging: Fitch Predicts Uninspiring Growth, with Some Upside Risk from Brighter Corporate Outlook

Fitch Ratings | December 7, 2017

Sector Outlook and Rating Trajectory Fitch's Sector Outlook: Stable Fitch Ratings has a stable U.S. lodging sector outlook for 2018, based on expectations for continued, low-single-digit (0%–2%) RevPAR growth. Higher average daily rates (ADR) will drive industry RevPAR; new supply will exceed demand growth, resulting in modest occupancy losses. The larger brand owners will continue to generate outsized unit growth driven by scale economies. Rating Trajectory: Static Fitch has a Stable Rating Outlook for the lodging sector during 2018, with most issuers managing leverage within their stated target range. Credit protection metrics w...

U.S. Lodging Sector Performance Remains Favorable Despite Sluggish Economic Growth, Says PwC US

PwC US | August 27, 2013

NEW YORK, Aug. 27, 2013 -- PwC US anticipates that positive momentum in travel activity will continue to boost revenue per available room ("RevPAR") in 2013, despite the recent sluggish pace of economic recovery. An updated lodging forecast released today by PwC US shows favorable gains in hotel performance, consistent with PwC's expectations at the start of the year. Occupancy levels at higher-priced hotels are ahead of prior peak levels, industry RevPAR is above its prior peak, and hotel construction activity, while rebounding, is still quite moderate, according to PwC. As demand continues to outpace supply growth, and economic growth...

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