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Holiday and International Travel to Drive U.S. RevPAR Growth in the Second Half of 2024, According to CBRE

Article - Holiday and International Travel to Drive U.S. RevPAR Growth in the Second Half of 2024, According to CBRE - CBRE's latest forecast projects a 2.0% increase in RevPAR growth for 2024, down from the 3.0% estimated in February 2024. RevPAR is now expected to grow by 3% for the remainder of the year, driven by international tourists, holiday travel and limited supply growth.

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Michael Nhu , Rachael Rothman , Head Of Global Hotels Forecasting , Head Of Hotel Research Data Analytics , Hotel Horizons , Hotel Research , Senior Economist , Global Hotels ,

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