Announcing the Release of Lodging Analytics Research & Consulting (LARC)’s 4Q-2022 Hotel Industry Market Intelligence Reports and Webinar

LARC has released its latest Market Intelligence Reports for 50 markets under current coverage, including the U.S. overall.?

?LARC expects U.S. RevPAR to increase by 30.7% to $93.90 in 2022, resulting in an annual RevPAR that is 8% above 2019 levels.?The recovery is driven by continued strength in ADR.?LARC anticipates ADR to rise by 19.5% this year to $149.02, or 14% above 2019 levels, while occupancy will increase 9.3% to 63.0%.?For 2023, LARC expects occupancy to increase 1.5% to 63.9%, ADR to grow 5.3% to $156.88 and RevPAR to rise 6.8% to $100.32.?

?LARC does not expect occupancy to approach 2019 levels during this cycle.?

?Despite challenging capital markets, LARC?anticipates 2022 U.S. Hotel EBITDA to grow by nearly 80% and hotel values to increase 12%.?We believe that values and Hotel EBITDA will reach 2019 levels this year.??

?For more detail on our current outlook read the article in the below link.

?On Thursday December 8, 2022, at 2:00 pm EST, we will be hosting a webinar to walk through our current U.S. outlook, provide high-level key takeaways from our market forecasts and answer any questions you may have.?Please email?information@larcanalytics.com?to learn more or for a link to register for the free webinar.

Thanks to Katie Harding , Samuel Cremieux , Evan Weiss , Daniel Lesser , Peter Kressaty and the rest of the LW Hospitality Advisors team for getting this quarter's update out.