Rising travel demand pushing US hotel rates to new highs, expert says
A report released earlier this month found hotel performance nationwide continued to outpace last year’s growth in early May, with average daily rates rising 1.7 percent. “We’re seeing robust, year-over-year demand for more than five years now,” HotelPlanner CEO Tim Hentschel told NewsNation. Hentschel said prices are climbing in part because hotel construction is not keeping pace with demand.
- ▪A report released earlier this month found hotel performance nationwide continued to outpace last year’s growth in early May, with average daily rates rising 1.7 percent.
- ▪“We’re seeing robust, year-over-year demand for more than five years now,” HotelPlanner CEO Tim Hentschel told NewsNation.
- ▪Hentschel said prices are climbing in part because hotel construction is not keeping pace with demand.
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Business Rising travel demand pushing US hotel rates to new highs, expert says Comments: by Rob Taub - 05/25/26 11:35 AM ET Comments: Link copied by Rob Taub - 05/25/26 11:35 AM ET Comments: Link copied NOW PLAYING (NewsNation) — Rising hotel bookings and increasing room rates across the U.S. point to a strong travel market and resilient economy, a travel industry executive says. A report released earlier this month found hotel performance nationwide continued to outpace last year’s growth in early May, with average daily rates rising 1.7 percent. “We’re seeing robust, year-over-year demand for more than five years now,” HotelPlanner CEO Tim Hentschel told NewsNation. Hentschel said prices are climbing in part because hotel construction is not keeping pace with demand.
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