A look at hotel bookings ahead of the FIFA Club World Cup
A look at hotel bookings ahead of the FIFA Club World CupThis past weekend, the United States kicked off its duties as host of the 2025 FIFA Club World Cup (CWC), a precursor to next year’s World Cup, which will be hosted by the U.S., Canada and Mexico.
This year’s 63-match tournament kicked off in Miami on 14 June and culminates with the title game in New Jersey’s MetLife Stadium on 9 July. Overall, matches will be played in a total of 11 U.S. markets:
STR/TE Market Forecast Assumptions – May 2025 (Global)
STR/TE Market Forecast Assumptions – May 2025 (Global)Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Europe short-term outlook:
Aggregated growth in revenue per available room (RevPAR) for STR’s 31 European forecast markets is projected at 1.7% for 2025, a downgrade from the 2.4% increase projected in February 2025.
STR/TE Market Forecast Assumptions – June 2025 (U.S.)
STR/TE Market Forecast Assumptions – June 2025 (U.S.)Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
U.S. Topline
The top-line U.S. RevPAR forecast has been downgraded 80-basis points to +1.0%. The downgrade is driven by a combination of calendar shifts, weakening macroeconomic indicators, and uncertainty caused by erratic tariff implementation and large-scale federal job losses as well as increasingly soft international inbound travel.
STR/TE Market Forecast Assumptions – February 2025 (Global)
STR/TE Market Forecast Assumptions – February 2025 (Global)Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Europe short-term outlook:
Aggregated growth in revenue per available room (RevPAR) for STR’s 31 European forecast markets is projected at 2.4% for 2025, a modest improvement from 2.0% in November 2024. Despite the top-line change, expectations for most markets are functionally unchanged from last quarter. The RevPAR upgrade comes from changes in a few key markets.
STR/TE Market Forecast Assumptions – February 2025 (U.S.)
STR/TE Market Forecast Assumptions – February 2025 (U.S.)Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
U.S.
The top-line U.S. RevPAR forecast is unchanged from our previous revision, with 1.8% growth forecasted for 2025. While top-line growth remains the same, increases have been rebalanced across segments.
New Orleans Super Bowl: Hotel Performance Forecast
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New Orleans is set to host Super Bowl LIX between the Kansas City Chiefs and the Philadelphia Eagles, and the market’s hotels are heading toward full occupancy around the big game on 9 February 2025.
STR/TE Market Forecast Assumptions – November 2024
STR/TE Market Forecast Assumptions – November 2024Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
Hotel F&B driving labor cost growth in 2024
Hotel F&B driving labor cost growth in 2024Analysis by Audrey Kallman
In the U.S., it costs about $9 more to staff a hotel room than in 2023.
Upcoming holiday season impact on U.S. hotel performance
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Two significant changes will impact travel in the U.S. this holiday season.
STR/TE Market Forecast Assumptions – August 2024
STR/TE Market Forecast Assumptions – August 2024Market Forecasts, produced by STR and Tourism Economics, provide you with the insights needed to anticipate future performance.
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