Overall, moderate demand growth in Q2 supported increases in both occupancy and ADR, resulting in a RevPAR increase of 2.7 percent. Despite ongoing political uncertainty, consumer and business spending are expected to continue to support economic growth in the second-half of 2017. Benefiting from rising employment, real disposable income, and household wealth, consumers have been a driving force of economic growth this cycle. According to IHS-Markit, business fixed investment is also expected to contribute meaningfully to economic growth. For the lodging industry, this increase in domestic spending is expected to help support growth in demand, though supply growth continues to be a meaningful downside risk. ADR growth of 2.1 percent is expected to continue to outpace inflation, resulting in a 2.3 percent increase in RevPAR in 2017. Download the report at PwC (PDF 365 KB)