Tourism Economics

The occupancy projection for this year was lowered 0.2% from the previous forecast, but projections for average daily rate (ADR)

ETC, Tourism Economics and ETOA present expectations for overseas recovery at ITB Berlin. US remains Europe’s largest long-haul market, exhibiting

RevPAR, the key top-line performance metric, was fully recovered in 2022 on a nominal basis but will not achieve that

Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until

There are significant losses in total visitor spending in communities that ban STVRs. Across 10 cities analyzed that had STVR

Revenue per available room (RevPAR) remains on track for full recovery this year on a nominal basis but not until

Gives destinations access to real-time flight and hotel Information for their markets.

The major factor in the revised timeline was a +$11 adjustment in 2022 average daily rate (ADR). Occupancy for the

Short-term vacation rentals accounted for a significant share of 2020 tourism.

On a nominal basis, ADR is expected to surpass the pre-pandemic comparable this year, while revenue per available room (RevPAR)