The Hotel and Resort Macroeconomic Outlook for 2020 and 2021 / MaryJo Finocchiaro

MaryJo Finocchiaro | December 12, 2019

BOCA RATON, Fla., Dec. 12, 2019 - As 2020 rapidly approaches and the hotel industry is wrapping up its 10th consecutive year of growth since the Great Recession, hospitality industry professional MaryJo Finocchiaro, Chief Financial Officer at BRE Hotels & Resorts, offered her opinion on the hotel macroeconomic outlook for the coming year and beyond. "Hotel upcycles typically last for no more than a decade before the industry encounters a period of softening in demand and we're approaching that in the coming year," Finocchiaro said. "Additionally, socioeconomic and geopolitical events have also historically plagued the broader macroeco...