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Market Report

2024 Hospitality Investment Forecast

2024 Outlook

Sector Moves Closer to Full Recovery as Traditional Demand Pillars Return

Households continue to prioritize spending on leisure travel and experiences, despite elevated inflation, while business trips and international visitations are also improving, helping occupancy approach pre-pandemic norms. Easing labor pressures are meanwhile reducing sector staff shortages and wage growth, curtailing rising operating expenses. These factors are restoring investor and lender confidence.

Key Features Include:

  • Comprehensive outlook for the U.S. hospitality sector in 2024
  • Insights into how travel could be shaped by economic and geopolitical conditions
  • Metrics and analyses for 34 markets across the country
  • Supply and demand forecasts for the overall U.S. and major metros
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