Hotel Industry

Markets

Hotel industry market cap tripled since 2019; Jefferies sees momentum continuing

[ad_1] In a recent note, analysts at Jefferies said that they expect the hotel industry will conclude FY24 on a high note, with continued momentum in Revenue per Available Room (RevPAR) expected to extend into FY25. As per the brokerage, the key drivers propelling this growth include supportive macroeconomic conditions, with hotel demand surpassing supply growth. Additionally, the industry’s focus on pricing strategies, premiumization, and the enduring appeal of…

Read More »
Back to top button