• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Crystal Investment Property

The Northwest Hospitality Specialists

CIP "The Northwest Hospitality Specialist"
  • Home
  • About Us
    • Our Team
    • Consulting
    • Certified Hotel Broker
    • Hotel Brokers Int’l
  • Buying a Hotel
    • Available Properties
    • Buyers Overview
    • Buyers Services
    • Buying a Property – The Process
    • Find Your Investment Style
      • Property Overview
      • Bed & Breakfast
      • Boutique
      • Franchised
      • Full-Service
      • Select-Service
      • Independent
    • Confidentiality Agreement
    • Disclosures
    • Ready to Buy – Contact Form
  • Sellers
    • Sellers Overview
    • Sellers Services
    • Consulting
    • Selling a Property – The Process
  • Disclosures
  • News
    • Press Releases
    • COVID-19 Resources
  • Contact
    • Email Us
    • Ready to Buy – Contact Form
    • Ready to Sell – Contact Form
    • Property Valuation Analysis
    • Online Confidentiality Agreement
You are here: Home / 2016 / STR and Tourism Economics Project Slower Growth for U.S. Hotel Industry

STR and Tourism Economics Project Slower Growth for U.S. Hotel Industry

September 13, 2016 by CIP

Smith travel Research logo

For total-year 2016, the U.S. hotel industry is predicted to report flat occupancy at 65.5%, a 3.2% rise in average daily rate to US$124.12 and a 3.2% increase in revenue per available room to US$81.26.

The U.S. hotel industry is projected to experience continued performance growth through 2017, albeit at a slower rate, according to STR and Tourism Economics’ most recent forecast released on Wednesday morning at the 2016 Hotel Data Conference.

Outlook 
  2016 Forecast 2017 Forecast
Supply +1.6% +2.0%
Demand +1.6% +1.6%
Occupancy 0.0% -0.3%
ADR +3.2% +3.1%
RevPAR +3.2% +2.8%
Source: STR/Tourism Economics 

 

Click here for full report.

Filed Under: 2016, Market Analysis

Property Search

Latest News

  • CIP Arranges The Sale of Clarion Hotel & Suites Fairbanks
  • CIP Brokers The Sale of SureStay Plus Moses Lake
  • Hospitality Market Outlook for 2023
  • Crystal Investment Property Arranges The Sale of Chewuch Inn & Cabins

Quick Links

  • Just For Buyers
  • Just For Sellers
  • Agency Disclosures
  • Legal
  • Site Map
  • Online Confidentiality Agreement

Proud Member

CIP is a member of Hotel Brokers International ORLA Logo Washington Hospitality Association Logo Montana Lodging and Hospitality Association Logo

CONTACT US

503-530-1316 {phone}

503-214-8539 {fax}


600 NE 99th Street

Vancouver, WA 98665


Office Hours:

Monday - Thursday

9:00 AM - 5:00 PM

Friday

By Appointment

Get Social With Us!

  • Facebook
  • Instagram
  • LinkedIn
  • YouTube

COPYRIGHT ©2021 CRYSTAL INVESTMENT PROPERTY, LLC. ALL RIGHTS RESERVED

Oregon Agency Disclosure | Washington Agency Disclosure | Idaho Agency Disclosure | Montana Agency Disclosure