We will walk through our current outlook and discuss some highlights of our U.S. Market forecasts.

LARC has released its latest Market Intelligence Reports for 44 markets under current coverage and the U.S. overall.

LARC expects U.S. RevPAR to increase by 27% to $91.48 in 2022, which would put 2022 RevPAR 5% above 2019 levels. The recovery is driven by continued strength in ADR. LARC expects ADR to be up 17% this year to $146.19, which is 11% above 2019 levels. However, LARC has a more cautious view of the occupancy recovery. LARC expects occupancy to rise 9% in 2022 to 62.6% and expects occupancy to stabilize around 63% in 2023, well below 2019 levels.

LARC also anticipates U.S. Hotel EBITDA to grow by almost 60% in 2022 and hotel values to increase 8% in 2022. We believe that on average, U.S. hotel values will recover to 2019 levels this year and Hotel EBITDA will do so by 2023.

For more detail on our current views that help shape our U.S. industry forecast as well as color on some of the U.S. cities we expect to be the best and worst performing markets, click here.

On Tuesday June 14, 2022 at 2:00 pm EST, we will be hosting a webinar to walk through our methodology, provide high-level key takeaways from our forecasts and answer any questions you may have.

Please contact us if you are interested in learning more about LARC's industry-leading Market Intelligence capabilities.

Better Market Intelligence

LARC's Market Intelligence Reports offer more than industry-leading market information and data, they include short-term and long-term forecasts for the following key outputs on a market-wide basis, updated quarterly:

Supply
Demand
Occupancy
ADR
RevPAR
Expense growth
EBITDA growth
Cap Rates
Property value growth

LARC's reports provide transparent predictive modeling and back-testing to help you get comfortable that our forecasts are as accurate as possible. Additionally, LARC reports offer transparency related to our model drivers and sensitivity tables on the most influential variables. In these uncertain times, the importance of more accurate and more transparent forecasting is even greater than before. We believe that better lodging forecasting leads to better business decisions.

This webinar is hosted by Lodging Analytics Research & Consulting, Inc

For more information please contact Ryan Meliker

Visit website