Hotels expect group recovery momentum to carry through 2023

Hotel brands shared their optimistic views on the strengthening of group demand for hotels

Feb 28, 2023

The pace of the recovery of group business at hotels in 2022 and the amount of business on the books already for 2023 have hotel executives feeling more confident in the segment.

Key takeaways

  • Marriott's group revenue for 2023 is already pacing up 20% year over year, with room night and rate gains each quarter;
  • For 2023, Hilton's group position is up 25% year-over-year and nearly back to 2019 levels;
  • Hyatt starts 2023 with a plus of 21% in group business.

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