The AAHOA Broadcast

Average Daily Rate Expected to Drive Revpar Next Year to 93% of 2019 Levels

| Nov 23, 2021

The U.S. lodging industry continued to benefit from an outsized improvement in leisure demand through the summer months. Individual business travel and group demand that historically replaces summer leisure business post-Labor Day has yet to surface, with office reopenings pushed later into 2021 or early 2022 as a result of the delta variant of the virus. That said, given the strength of demand during the summer, we expect annual occupancy for U.S. hotels this year to remain consistent with our May 2021 outlook, increasing to 57.1%.


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https://www.pwc.com/us/en/industries/hospitality-leisure/us-hospitality-directions.html

 

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