The U.S. lodging industry will continue to grow across all major metrics in 2018, but at a slower pace, according to a recent report by CBRE Hotels’ Americas Research. The company forecasts increases in occupancy, average daily room rate (ADR), revenue per available room (RevPAR), total operating revenue, and gross operating profits in 2018, compared with this year.
CBRE is forecasting a 0.1 percent occupancy increase, along with a 2.3 percent rise in ADR for 2018. The net result is a projected 2.4 percent boost to RevPAR.
