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U.S. Hotels Likely to See Softening in Leisure Travel Bookings
Skift Choose Hotel operators will shut this year having produced report-breaking revenue growth in most scenarios, say analysts at STR, PwC, Truist, and Jefferies. Nevertheless the crystal ball for upcoming yr is a little bit hazy. Sean O’Neill Listed here are some excerpts from Each day Lodging Report from the past 7 days. If you’re not a subscriber, you should be. Get information on lodge discounts, growth, stocks, and job moves. Signal up listed here, now. Sunday, November 20 It was a subdued NAREIT REITworld conference in San Francisco, judging by the analyst reviews. Truist said that some U.S. lodging REIT administration groups expressed considerations about cracks in demand forming with technological innovation prospects quickly…