financedlr.skift.com··1 min·For: Owner, GM, Revenue, Investor
Truist Raises U.S. Hotel RevPAR Forecasts Above Consensus
Truist has increased its U.S. hotel RevPAR growth projections for mid and upper-scale properties, significantly outpacing Wall Street consensus due to expected World Cup demand.
Key Takeaways
- 1Anticipate higher RevPAR growth for mid and upper-end U.S. hotels, with Truist raising forecasts to 3.5%-5.5%.
- 2Prepare for significant RevPAR gains of 15% to 25% in World Cup host markets during June and early July.
- 3Monitor lodging REITs and stocks as investor confidence surges following positive forward-looking trend reports.
Source: dlr.skift.com
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