Economic Blip Causes Slowdown In 2021 Before Returning to Positive Growth for 2022, According to Hotel Horizons® March 2019 Edition
As organisations prepare for a future world of work that will look vastly different to today, PwC has launched a new tool allowing them to assess the maturity of their workforce strategy and compare it to others in their region and industry.
San Francisco continues to rank among the top domestic lodging markets, attributed to the strength of the tech industry, strong year-round tourism, and limited supply growth. With the Moscone Convention Center also recently debuting a $550-million renovation and expansion, the San Francisco hotel market is expected to achieve record RevPAR levels in 2019. We have outlined several key trends that are anticipated to influence San Franciscos lodging market in the near term.
U.S. hotel occupancy decreased 1.7% to 64.7% during the week of 17-23 February, while ADR increased 1.7% to $129.05 and RevPAR was flat at $83.43.