✈️ A new report from CoStar shows that hotel demand in the United States is shifting from resorts to top 25 markets. This is due to a number of factors, including the return of business travel and the increasing popularity of urban destinations. #travel
https://t.co/FyK8fsXAa4
Holiday Air Travel Expected To Resurge this upcoming season.
After two consecutive pandemic-riddled holiday seasons, travelers gearing up for the holidays are planning to fly more than the past couple of years, PwC survey said
https://t.co/7XPgvZkMEK
#hotel#travel#airtravel
Currently hotel demand numbers are back to pre-pandemic levels, but higher interest rates & rising construction costs make underwriting new projects difficult.
US Hotel Pipeline Continues To Slow
https://t.co/dvx9UKtK8H
#hotel#hotelmanagement#hotelconstruction#hospitality
Where these investments are made and how well they are executed will allow some brands to further pull away from the competition. Both owners are customers are looking for tech-forward options.
https://t.co/AqsMifNSjP
#hotelmanagement#hoteltechnology#revenuemanagement
2022 performance is now expected to surpass 2019, but when RevPAR is adjusted for inflation a full recovery is not expected until 2024 for most markets.
Hotel Daily Room Demand Headed for All-Time High in 2023
https://t.co/Hd811Cfr7l
#hotelmanagement#travel#hotel
Airlines have scheduled for more than 31.5 million passengers to fly out of, into and connect through @DFWAirport and @DallasLoveField between the beginning of Memorial Day weekend and Labor Day in September https://t.co/yFumbxV4t3
On the Fri & Sat of Memorial Day weekend, the US hotel industry sold more room nights this year than any prior year, despite not setting a record for OCC. Weekend room demand was also the highest it has been all year.
https://t.co/yMAPjUNx7Z
#travelindustry#hotelmanagement
With potential challenges on the horizon, hoteliers must be able to execute with precision in pricing, staffing, and customer service to be able to outperform.
Hotel Industry’s ‘Healthier Picture’ Clouded By Gas Prices, Inflation As Summer Arrives
https://t.co/Dq6y7Ls1SC
The hotel space is seeing a similar shift to hybrid...hybrid travel which is blurring lines between business and leisure travel. Which hotels would you choose that can serve both purposes?
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https://t.co/OrDc8b2EiM
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