At the midpoint of the year, a clear shift in momentum and growth rates is visible in hotel revenue per available room, or RevPAR, across segments. Location types, markets and hotel classes that accelerated growth in RevPAR compared to the same time in 2019 are recording much smaller growth or even declines.
Hotel Industry Normalization Means Different Things for Different Segments
Growth Rate Momentum Reverses Sharply for Prior Outperformers
By Jan Freitag
CoStar Analytics
July 25, 2023 | 7:19 P.M.
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