US Average daily rate expected to drive RevPAR next year to 93% of 2019 levels

The US lodging industry continued to benefit from an outsized improvement in leisure demand through the summer months. As kids headed back to school, individual business travel and group demand…

Pre-pandemic Levels Of European Travel Will Not Be Achieved Until 2024

Despite a strong summer rebound, international tourist arrivals to Europe are forecast to be 60% below 2019 by the end of 2021 European tourist arrivals were still down 77% half-way…