The STR/Tourism Economics forecast saw a particularly strong surge in the “Upper Midscale” chain market, while the average daily rate of growth will be highest in the “Luxury” category. Revenue per available room (RevPAR) will be especially robust in several markets, with projections for cities like Denver, Tampa/St. Petersburg, and Phoenix showing 10 to 15 percent growth. Absent any major changes, 2016 promises to be another banner year, as a 2.2 percent increase in demand will once again outpace a 1.4 percent rise in supply. In addition, it is expected that demand will exceed supply for the fifth consecutive year. The top 25 markets are also expected to enjoy increases in RevPAR of 5 to 10 percent.