state of the industry
HVS Takeaways – The Lodging Conference
Luigi Major, MAI | October 11, 2024
By Luigi Major, MAI This week marked another successful and highly attended Lodging Conference. HVS was proud to sponsor and speak at the event. Our recap on the conference sentiment follows. The event was marked by cautious optimism as industry professionals assessed the current state of the U.S. hotel market. With the Federal Reserve lowering interest rates, many believe that the worst effects of rate hikes and inflation are behind us, offering hope for a rebound in hotel transactions after the significant slowdown over the last 18 months. The upcoming election and intensifying geopolitical concerns continue to somewhat balance the r...
REPORT: Hotels Continue to Recover in 2023 as Industry Begins New Era of Operations
AHLA | January 30, 2023
2023 AHLA State of the Industry forecasts opportunities, challenges Download the report Here WASHINGTON (Jan. 30, 2023) – The hotel industry in 2023 is projected to surpass pre-pandemic levels of demand, nominal room revenue and state and local tax revenue, while inching closer to other key 2019 performance metrics, according to the American Hotel & Lodging Association’s 2023 State of the Hotel Industry Report. The report, which forecasts that operational challenges such as staffing shortages and economic factors will replace COVID as hoteliers’ top concerns, is based on data and analysis from Oxford Economics and was cr...
Hospitality Asset Managers Association (HAMA) Release “Fall 2022 Industry Outlook Survey” Results
HAMA | October 20, 2022
CHICAGO, October 20, 2022—The Hospitality Asset Managers Association (“HAMA”) today released the results of its Fall 2022 Industry Outlook Survey. The semi-annual report collected the opinions, experiences and predictions of approximately 70 hotel asset managers concerning the hospitality industry since the beginning of the pandemic through today. The survey also addressed respondent’s thoughts on the current state of the industry. Presented live in Chicago, Ill., the survey was conducted in advance of HAMA’s 2022 Annual Fall Meeting. In total, 68 asset managers, comprising approximately one-third of membership, participated in t...
HSMAI Washington D.C. Announces State of the Industry Program
HSMAI Washington D.C. Chapter | July 31, 2019
Washington, D.C. (July 31, 2019) The Washington, D.C. chapter of the Hospitality Sales and Marketing Association International invited hospitality professionals from throughout the metropolitan area to attend its annual State of the Industry program on Thursday, August, 22, at the MGM National Harbor hotel in Oxon Hill, Maryland. The program, designed to help area hospitality sales, marketing, and revenue-management professionals prepare their plans and budgets for 2020, will feature Elliott Ferguson II, president & CEO, Destination DC, Robert Gilbert, president & CEO, Hospitality Sales & Marketing Association Internationa...
Second Annual “State-of-the-Industry” Report Finds More than 60% of Attendees Expect 2016 Rate and Occupancy to Outpace 2015
September 1, 2016
Record 14th Annual Southern Lodging Summit Attendance Remains Upbeat MEMPHIS, Tenn., September 1, 2016— Officials of the Southern Lodging Summit, an annual gathering of hoteliers specializing in development and operations in the southern United States, today announced that the event achieved record attendance. Additionally, the organization released the results of its second annual "State-of-the-Industry" report compiled from attendees' opinions. Participants were queried on such topics as to which presidential nominee would likely have the "best" impact on the industry, social media, Millennial travelers and which recent issues h...
13th Annual Southern Lodging Summit Introduces Its First “State-of-the-Industry” Report
Southern Lodging Summit | September 3, 2015
100 Percent of Polled Participants Believe 2016 Will be at Least as Strong as 2015 MEMPHIS, Tenn., September 3, 2015— Officials of the Southern Lodging Summit, an annual gathering of hoteliers specializing in development and operations in the southern United States, today released results of its first annual "State-of-the-Industry" report revealing a continued upbeat mood by attendees of the recently concluded 13th annual conference. Attendees were queried on such topics as the future outlook for the industry, the impact of Airbnb and which technologies will play the most important role in hotels moving forward. "Now is an excellent t...
