U.S. Hotels Face Slowing Growth, with Weak Demand and Policy Uncertainty: Goldman Sachs

U.S. hotel operators are bracing for tougher conditions as multiple factors converge to dampen the industry's prospects, according to analysts at Goldman Sachs.
U.S. hotel groups are facing increasing challenges as consumer demand weakens and policy changes create new obstacles for the travel sector, according to a new analysis from Goldman Sachs.
RevPAR (revenue per available room), a key hotel industry metric, is predicted to grow at just 0.4% year-over-year, Goldman analysts said in a report Monday.
That would be below the trend of the past four weeks, when U.S. RevPAR tracked about 1.6% higher, according to CoStar.
It would also be below the guidance Marriott, Hilton, and Hyatt had issued at the start of the year, which called for growth of between about 2% and 2.5%. Even that would be less than the
skift.