Publicly listed hotel real estate investment trusts and brands broadly increased full-year revenue per available room expectations during first-quarter earnings calls.
In this collection of comments from hotel company fourth-quarter and full-year 2022 earnings calls, executives shared their optimism over the recovery of group business, pointing to the volume of business already on the books for 2023.
Hotel executives expressed optimism in the business transient and group segments moving forward after a strong third quarter.
Hotel industry analysts say the state of the economy, strength of group travel and capital allocation will be key talking points on third-quarter earnings calls.