Hospitality Sales and Marketing Association International
Hospitality Sales and Marketing Association International
 
Hospitality Sales and Marketing Association International

knowledge center - fueled by the HSMAI Foundation
About the Knowledge Center

The Knowledge Center, which is the succesor to HSMAI's eConnect, is your source of insights to fuel sales, inspire marketing, and optimize revenue. Fueled by the HSMAI Foundation, here you will find articles, presentations, templates, multimedia, and much more from HSMAI and industry leaders. Many of the Knowledge Center resources are offered exclusively to HSMAI members.

Knowledge CenterU.S. hotel forecast lifted for 2018 and 2019, August 17, 2018

The U.S. hotel industry is projected to exceed earlier forecasts and continue on its record-breaking performance run through 2019, according to STR and Tourism Economics' revised forecast just released at the 10th Annual Hotel Data Conference. \"Rarely do we lift our ADR projections during our mid-year revisions, but stronger-than-expected pricing power over the last quarter has led us to lift our rate forecast by 10 basis points,\" said Amanda Hite, STR's president and CEO. \"Certainly, inflation plays a role in ADR growthinflation-adjusted figures show that ADR has basically been flatbut solid economic conditions and an earlier stronger impact from the recent tax cuts are helping to push growth further in the metrics.\"

 
HSMAI 2016 Revenue Management Insights

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