Our 4Q24 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry. A glimpse:

• 4Q24 public company U.S. RevPAR growth averaged 2.5% (mostly rate driven) vs 1.8% nationally
• 2025 RevPAR growth guidance for most public companies of 2.0% to 3.0% is at risk in our view, due to economic uncertainty
• U.S. Airlines cut their earnings last week stating “mounting economic uncertainty has led to a pullback in corporate and consumer spending”
• The publics mentioned government spending as an unquantified risk
• Leisure trends expected to remain varied in 2025
• Group revenue growth for 2025 to average 6%
• 2024 EBITDA margins decreased an average of 60 bps, and contraction is expected to continue in 2025

Download the full summary to stay up-to-date: hotelAVE 4Q24 Hospitality Earnings Summary