CBRE Forecasts Steady Growth for U.S. Hotel Market in 2025
SHERIDAN, WYOMING – February 21, 2025 – SHERIDAN, WYOMING – Feb. 21, 2025 – CBRE has released its projections for the U.S. hotel market in 2025, forecasting continued steady growth driven by strong performance in urban locations. The company anticipates a 2% increase in Revenue Per Available Room (RevPAR) growth, fueled by a 23 basis point (bps) improvement in occupancy and a 1.6% rise in Average Daily Rate (ADR). This growth trajectory suggests a sustained recovery for the lodging industry, with projected 2025 RevPAR 16.6% higher than pre-pandemic levels in 2019.
Urban Locations Lead the Charge