Hotel Forecast

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REPORT: COVID-19 Hotel Forecast - Phuket

By PhocusWire | August 18, 2020

Despite Thailand and Phuket having every economic incentive to restart tourism as quickly as possible, the government has set public health as the top priority and has acted prudently regarding... Read More

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REPORT: COVID-19 Hotel Forecast - Chicago

By PhocusWire | July 1, 2020

The state should be commended for creating a plan, clearly defining the metrics required to be met in order to advance to the next phase and continually communicating progress by publishing a robust... Read More

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REPORT: COVID-19 Hotel Forecast - Toronto

By PhocusWire | June 11, 2020

Toronto hoteliers are being relatively disciplined with their rate discounting – not panicking by resorting to fire sale tactics in a futile effort to spur demand. Read More

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REPORT: COVID-19 Hotel Forecast - Key West

By PhocusWire | June 2, 2020

The inverse relationship between COVID-19 cases and RevPAR is not nearly as predictive as the ramifications of local political lockdown decisions. Read More

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REPORT: COVID-19 Hotel Forecast - Dallas

By PhocusWire | May 26, 2020

Phocuswright has discovered political decisions and the resulting social response may have a greater impact on hotel performance than raw case count or unemployment statistics. Read More

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REPORT: COVID-19 Hotel Forecast - Sydney

By PhocusWire | May 19, 2020

When compared to the other destinations evaluated by Phocuswright, based on LodgIQ's forecast model, Sydney trails only Singapore in seeing the least degree of disruption. Read More

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REPORT: COVID-19 Hotel Forecast - Los Angeles

By PhocusWire | May 12, 2020

Differences in year-over-year RevPAR variance for March and April showed that the impact on Los Angeles was less severe than for most major markets. Read More

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REPORT: COVID-19 Hotel Forecast - Boston

By PhocusWire | May 5, 2020

Boston started March in better shape than New York across the board, but its downward slope accelerated much more aggressively. Read More

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REPORT: COVID-19 Hotel Forecast - London

By PhocusWire | April 28, 2020

One concerning factor is London's steep ADR decline may indicate more discounting than merely attributable to share shifts from luxury to midscale and economy chain scale properties. Read More

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REPORT: COVID-19 Hotel Forecast - San Francisco

By PhocusWire | April 21, 2020

Despite being criticized at the time for overreacting, San Francisco's strategy appears to have successfully flattened the curve for San Francisco – a densely populated city with a sizable homeless... Read More

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REPORT: COVID-19 Hotel Forecast - Singapore

By PhocusWire | April 14, 2020

Singapore provides an excellent example of how the hotel industry is impacted by the interplay of viral spread, government policy and social behavior – both at home and outside its borders. Read More

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REPORT: COVID-19 Hotel Forecast - New York City

By PhocusWire | April 7, 2020

Over the coming months, Phocuswright and the data science team at LodgIQ will evaluate a swath of hotel-related and other data across key metropolitan areas, beginning with New York City. Read More

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