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

Goldman Sachs Cuts Outlook For These Hotel And Lodging Stocks As Potential Recession Looms - Hilton Worldwide Holdings (NYSE:HLT), Choice Hotels Intl (NYSE:CHH), Hyatt Hotels (NYSE:H), Marriott International (NASDAQ:MAR)

Goldman Sachs analyst Lizzie Dove downgrades U.S. Lodging C-Corps and Timeshares due to weaker consumer demand, geopolitical uncertainty, and negative impacts from U.S. airlines. The forecast for 2025 RevPAR is lowered by 125 basis points, with a 45% probability of a U.S. recession. Preference shifts towards asset-light companies with global exposure, focusing on non-RevPAR and ancillary revenues amid uncertain macro conditions.

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

Skift Take: 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. -Sean O'NeillRead the Complete Story On Skift