Tag: RevPAR recovery

Finance and Development, Markets

Rate to Lead U.S. Hotel RevPAR Recovery As Occupancy Lags – Business Travel Network

July 7, 2021

Via: Hotel News Resource

Excerpt from Business Travel Network The U.S. hotel average daily rate will exceed 2019 levels by 2024, according to the latest CBRE Hotels Research forecast, which also projects revenue per available room to reach 99 percent of its pre-pandemic level […]