Investor sentiment in the U.S. hotel industry took a hit as Goldman Sachs lowered its RevPAR growth forecast, reflecting rising economic uncertainty and slowing consumer demand.

Revised Forecast Details

Goldman now expects U.S. hotels’ average revenue per available room (RevPAR) to increase by only 0.4%, a significant reduction from its previous estimate of 1.4%.

Implications for Hotel Stocks

• Hyatt Hotels (H): Downgraded to ‘sell.’

• Marriott International (MAR) and Hilton Worldwide (HLT): Downgraded to ‘neutral.’

Conclusions and Effects

This analysis sheds light on the broader implications for the hospitality sector as it faces potential headwinds from economic challenges. Investors must stay informed about these shifts in the hotel landscape.