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3
Despite the slackening national industry growth, the U.S. hotel
industry expansion currently sits at 76 months, with RevPAR
increasing 3.1 percent in the last six months. In line with the
expectation expressed in 2015, national RevPAR growth
decelerated in the first half of 2016, and industry experts are
revising their expectations downward for the remainder of the
year. The following chart depicts operating performance for the
U.S. Lodging Industry from 1995 through 2015. Additionally, we
have illustrated quarter-over-quarter comparisons for the last
two quarters compared to the same time frame from the
prior 12 months
The graph on the following page illustrates trends in occupancy,
average rate and RevPAR from 1990 through 2015, as well as the
2016 and 2017 projections.
NATIONAL HISTORICAL ANALYSIS