As we projected in our report «Hurricanes May Revitalize Stumbling Hotels,» storm - related demand help to
push annual
average occupancy and RevPAR to new record - highs, topping the levels set in 2016.
«
Occupancies and rents are already near historical highs,
pushing net operating income growth to about 5 %, which isn't sustainable relative to the historical
average of 2.5 % to 3 %,» Hill says.