Easing of International Travel Restrictions Likely to Boost U.S. Lodging Demand

The return of East Asian visitors will be a plus for the American hotels, especially in Hawaii, major West Coast markets, and premier leisure destinations like Las Vegas and Orlando. In addition to the hotel market’s surprising resilience in recent quarters, we expect further demand growth, especially from visitors from China and Japan, as more travel restrictions ease.

STR Reports Restrictions, Lack of Inbound Travel Have Limited Southeast Asian Hotel Performance

Southeast Asia sits at the lower end of recovery compared to other STR-defined subcontinents, exceeding only the gains of Northeastern Asia in terms of occupancy and average daily rate (ADR) in 2022. This was due to strict and long-lasting COVID mitigation strategies and the region’s reliance on international travel, particularly from China, which has been slower to resume international flight capacity.