Fourth Quarter Hospitality Earnings Summary
- March 19, 2024
- Industry Insights
- 682 views
Our Fourth Quarter 2024 Hospitality Earnings Summary is now available! We’re thrilled to share positive insights into the hotel industry’s recovery. A glimpse: Q4 2023 U.S. RevPAR change was -4.4% to 5.0% driven by mixed growth and decline in ADR. Economy and Midscale reliant brands reported slowest (zero or negative) RevPAR change Full year guidance..