Daily Lodging Report
RevPAR Projected to Be 14% Above 2019 Levels Next Year
CBRE forecasts 3.0% RevPAR growth in 2024, driven by improved international travel and economic factors.
Lodging stocks were mixed today with SOND biggest mover, down -12%, SHCO and AHT both down -6%, VCSA fell -5%.
Various hotel projects announced, including new developments in Las Vegas and North Carolina, renovations in Nashville and Pocono Mountains, and upcoming openings in Florida and Virginia.
1 week ago