The document provides an analysis of the US lodging industry's performance, indicating that the industry is in the later stages of recovery. It discusses RevPAR trends, occupancy levels, and ADR growth, predicting a deceleration in RevPAR growth for 2018 and 2019. The document also compares current and past lodging cycles, highlighting the relationship between demand and supply growth. A RevPAR forecast model is included, showing expected increases in ADR and RevPAR for 2018, with flat occupancy rates. The document notes increased room supply growth and construction activity in certain US markets.
doj/DataSet10/EFTA01385353.pdf
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