The US hotel industry will maintain its strength for the next few years except for a projected short-lived dip in 2021, according to the latest edition of Hotel Horizons from CBRE Hotels Americas Research. The report shows revenue per available room (RevPAR) to increase by 2.5 percent in 2019 and an additional 2.0 percent in 2020. However, for 2021, CBRE projects a slight decline in RevPAR of 0.6 percent. That will be reversed with a 1.4 percent increase in RevPAR in 2022. R. Mark Woodworth, senior managing director, said that in the near term the fundamentals of supply, demand and pricing are similar to those of the past few years. He said that for the most part the supply of hotel rooms entering the market will be absorbed by newly generated demand buoyed by a healthy economy. Despite that, said Woodworth, average daily rate growth will fall below inflation in 2021 and 2022 because of increasing competition from non-traditional forms of lodging and the intervention of intermediary sales channels.