Forecasts tips

STR and Tourism Economics lowered their forecast for U.S. hotel demand growth this week. The benchmarking firms now project a more modest 2.1% increase in average daily rates this year — down from the previous estimate of 3.1%.

MGM Resorts International reported earnings for the fourth quarter of 2022 on Wednesday. Here are key points about the operator of 32 hotels and casinos in the U.S. and Macau.

United Airlines Holdings Inc on Monday forecast an unexpected loss in the current quarter, citing lower demand as well as higher costs from a potential contract deal with pilots.

Whoever has the most short-term rental listings wins, right? OK, that’s a simplistic view. But with Airbnb’s revenue per available room forecast to decline a tad over the next four years compared with 2019, it would have to count on listings growth to hit analysts’ bookings expectations in 2026.

Norwegian Cruise Line on Tuesday forecast downbeat third-quarter profit after a strong second quarter, as elevated costs offset gains from robust demand and higher ticket prices, sending the company’s shares tumbling down as much as 16.7%.

U.S. hotel groups and developers have a red-hot interest in lifestyle hotels, soft-branded hotel collections, and independently-run boutique hotels. A new report suggests just how hot — even if actual development may not meet the loftiest goals.