nyu hospitality conference
2020 U.S. Hotel Forecast Slightly Upgraded; Full Recovery Still Unlikely Until 2024
STR | November 13, 2020
With leisure demand stronger than anticipated in the fall, STR and Tourism Economics slightly upgraded the final 2020 U.S. hotel forecast just released during the virtual NYU Hospitality Conference. Regardless of the short-term upgrade, the forecast for 2021 remains functionally unchanged and full recovery in revenue per available room (RevPAR) is unlikely until 2024. “Even with the encouraging vaccine news of this week, this pandemic and the subsequent economic impact will continue to limit hotel demand generators into the second half of next year,” said Amanda Hite, president of STR. “Business demand won’t return at a substantial...
Did You Miss the NYU 2018 Hospitality Conference?
hotelAVE | June 8, 2018
Overall Conference Sentiment Modestly Positive: Driven by upward revisions in near-term RevPAR outlook, consumer confidence (18-year high), plentiful and low-cost debt, and the return of business travel impacted by recent tax cuts. STR increased their 2018 RevPAR growth forecast to 2.9% (from 2.7%), driven primarily by ADR gains and strong transient demand. This marks 98 months of consecutive RevPAR gains. 2019 RevPAR growth forecast remains at 2.4%. Impact of the Tax Reform: Is viewed as the lodging cycle extender. Due to the increase in GDP and corporate travel budgets, business travel is fueling growth. This is quantified in the Top ...
Hilton Honors Its Top Owners and Developers; Awards Presented at NYU International Hospitality Conference
Hilton | June 4, 2018
MCLEAN, Va. - Hilton (NYSE: HLT) today recognized its top owners and developers as winners of the 2017 Hilton Owner Awards. In addition to the annual Development Awards announced each year at the NYU conference, Hilton added a "Top Performer" category to celebrate owners achieving excellence in guest experience and business performance. "Our owners are incredible partners and we are deeply appreciative of their many contributions to our nearly 100-year legacy of spreading the light and warmth of hospitality," said Christopher J. Nassetta, president and CEO, Hilton. "Today we are honored to unveil our 2017 Hilton Owner Awards, which cele...
HVS Key Takeaways: 2017 NYU International Hospitality Industry Investment Conference
Chris Fernandes | June 13, 2017
By Chris Fernandes Manhattan's Marriott Marquis once again welcomed the most prominent leaders in the hospitality industry for the 2017 NYU International Hospitality Industry Investment Conference, held June 5 and 6. Over the two-day event, industry experts gathered to share their opinions on a wide variety of ownership, management, branding, lending, and economic topics. Despite uncertainties in today's global political and economic climates, the overall tone remains one of cautious optimism. A Call to Action No time was wasted skirting around discussion of the current White House administration, with conference chairman Jonathan M. Ti...
NYUSPS to Host 37th Annual NYU International Hospitality Industry Investment Conference
NYU School of Professional Studies | May 7, 2015
Industry Titans Stephen A. Wynn, J.W. (Bill) Marriott, Jr., Geoff A. Ballotti, Sébastien Bazin, Mark Hoplamazian, Christopher J. Nassetta, Jonathan D. Gray, Barry Sternlicht, and Others Are Among All-Star Conference Lineup NEW YORK, May 11, 2015 — The biggest names in hospitality—including Stephen A. Wynn, chairman of the board and CEO of Wynn Resorts, Limited, and J.W. Marriott, Jr., executive chairman of the board of Marriott International, Inc.—will be among the featured panelists at the 37th Annual NYU International Hospitality Industry Investment Conference. Hosted by the NYU School of Professional Studies Tisch Center for ...
