Hospitality Trends
January, 31 2024
 
 
 
HVS ALIS 2024 HVS Takeaways: Upbeat, Optimistic, and an Eye on Innovation
 
HVS ALIS 2024 HVS Takeaways: Upbeat, Optimistic, and an Eye on Innovation - By Rod Clough
 
The sentiment was upbeat and optimistic for the year ahead. This article provides our key takeaways from the conference. Read More
 
U.S. Investor Intentions
U.S. Investment Activity Expected to Increase According to CBRE
 
CBRE Issues 2024 U.S. Investor Intentions Survey Read more
 
Group Business Outlook
U.S. Group Revenue Recovery in Q4 Hits 110 Percent
 
Group business up across key metrics in 4Q2023, providing stability for hotels going into 2024 Read more
 
U.S. Travel Industry Outlook
Deloitte 2024 Travel Industry Outlook Explores Signals of the Strength of Travel Demand
 
Even during times of financial anxiety, travel has held a consistent share of Americans’ wallets. Enthusiasm for in-destination activities, growing interest in more diverse destinations, and the return of baby boomers in greater numbers add to the positive indicators for travel. And workplace flexibility appears poised to further buoy demand. Read more
 
Hotel Investment Outlook
Global Hotel Investment Volume Will Accelerate in 2024, Exceeding the Previous Year by 15% to 25%
 
JLL's 2024 Global Hotel Investment Outlook outlines the resilience and growth of the hotel sector as consumers continue to prioritize spending on travel Read more
 
State Of The Hotel Industry
AHLA State of the Industry Report - U.S. Hotels Will Pay Historic Wages, Generate Record Level of Tax Revenue in 2024
 
Despite labor shortages and persistent inflation, industry recovery continues Read more
 
Market Report U.S.
U.S. Hotel Performance for Week Ending January 20th
 
U.S. hotel performance decreased from the previous week, while year-over-year comparisons remained mixed, according to CoStar's latest data through 20 January. Read more
 
American Lodging Investment Summit
Hospitality Industry Should Fare Better Than US Economy in 2024, Analysts Say - CoStar
 
During the numbers panel at ALIS, hotel industry data experts shared their forecasts, demand segment breakdowns and more. Read more
 
U.S. Economic Outlook
CBRE Economic Watch: Q4 2023 GDP Exceeds Expectations, Likely Signaling a Soft Landing
 
While core inflation fell in Q4, jobless claims from a week ago were higher than expected. This illustrates the balance of risks that the Fed must consider going forward. As such, we anticipate the Fed will cut the federal funds rate by May. Read more
 
Super Bowl
Las Vegas Forecasted for Highest Hotel ADR in Super Bowl History
 
Las Vegas hotel average daily rate (ADR) is forecasted to reach $573 for 9-11 February 2024, which would be the highest level for any Super Bowl weekend on record, according to STR. Read more
 

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In Brief...
 

Market Report Baltimore
HVS Market Report - Downtown Baltimore Is Poised for Comeback - By Caroline Dioso

Airfare Trends
Airfare Study Shows Optimal Time to Purchase Domestic Flights in 2024 is 42 Days Before Departure

Car Rental Trends
Car Rental Survey Reveals 81% of Travelers Don't Rent Electric Cars Due to Poor Logistics, Range and Availability

Hotel Construction Pipeline Latin America
Nearly 50% of Latin American Hotel Construction Pipeline Now Under Construction

Super Bowl
New York City and Washington, D.C. Among Top Performing U.S. Hotel Markets in 2023

PwC CEO Survey
PwC Finds CEOs Target the Acceleration and Elevation of Critical Change

U.S. Short-Term Rental Trends
U.S. Short-Term Rental Market Review: December Supply and Demand Remain in Balance, Promising a Banner 2024

Hotel Construction Pipeline Canada
Canadian Hotel Construction Pipeline Closes 2023 with a 10% Year-Over-Year Project Increase

Global Hotel Industry Performance
STR Weekly Insights: 14-20 January 2024

 
 
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