Current trends indicate that the industry is reporting a decline in many markets for leisure travel (Thursday & Saturday as many consumers are getting out priced in the market), while group travel remains strong; with a slight increase in corporate bookings (Monday & Wednesday travel). The Industry will see 65+ percent occupancy overall and even higher ADR in 2024.
Top 5 Hotel & Lodging Market Trend Predictions & By Sean Skellie
- Categories: Hotels
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