Lower-income Americans booked fewer hotels in April, dampening industry outlook

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 17 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 63%

Costar Berita

NYU International Hospitality Industry Investment,Household Budgets

Lower-income Americans dialed back their travel spending in April as reduced savings, higher credit card delinquencies, and inflation weighed on household...

NEW YORK - Lower-income Americans dialed back their travel spending in April as reduced savings, higher credit card delinquencies, and inflation weighed on household budgets, according to data from commercial real estate analytics firm CoStar.

U.S. room demand in April fell about 2.7% and 3.9% for mid-scale and economy hotels, respectively. Revenue per available room, an important industry metric, fell about 1.7% and 3%, respectively. Revenue per available room is expected to rise 2% in 2024, compared to previous forecasts of 4.1% and after a 5% increase in 2023.

Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 47. in İD
 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.

Indonesia Berita Terbaru, Indonesia Berita utama