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CBRE expects lodging RevPAR recovery by mid-2023

Average daily rate (ADR) gains and a 35.1% year-over-year increase in hotel occupancy in Q3 showed demand for U.S. hotel stays endured in the
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MMGY: 71% of U.S. adults plan to take a vacation in the next six months

Building on its summer prediction that the travel industry’s recovery will continue far into 2022, MMGY Travel Intelligence has revealed the key findings from
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PwC: U.S. ADR expected to drive RevPAR next year to 93% of 2019 levels

The U.S. lodging industry continued to benefit from an outsized improvement in leisure demand through the summer months. As kids headed back to school,
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USTA forecast signals uneven recovery in business, int’l travel segments

Days after the U.S. reopened its land and air borders to vaccinated international visitors, U.S. Travel Association (USTA) released its biannual forecast which shows an uneven
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WTTC: Caribbean travel & tourism recovering faster than any other region

The Caribbean’s Travel & Tourism sector is recovering at a faster rate than any other region in the world, with its contribution to GDP
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WTTC: Slow travel and tourism recovery hits jobs and growth worldwide

The Travel & Tourism sector’s continued sluggish recovery will see its year-on-year contribution to global GDP rise by less than one third in 2021,
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GlobalData: Trips to visit friends and family set to rise by 10M by 2024

The announcement that U.S. travel restrictions for vaccinated UK residents will be relaxed from early November will be met positively by people keen to
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Expedia reveals top holiday destinations

New data released by Expedia indicates holiday travel planning is underway and the top choices for Thanksgiving and Christmas escapes are sunny beachside destinations
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