Berkadia National Hotel Industry Report - Summer 2024
Berkadia is proud to present our National Hotel Industry Report for Summer 2024.
Our National Hotel Industry Report – Summer 2024 provides a comprehensive overview of key fundamentals and supporting trends to assist you in navigating these dynamic changes in today’s market.
Key Highlights:
- Occupancy: Rates have seen a notable increase in Q2 2024.
- Construction: The pace of hotel deliveries slowed, with 31,000+ rooms added in the first half of 2024.
- Employment: The lodging sector workforce has expanded, with nearly 2 million employees in June 2024.
- Air Travel: Travel is experiencing a significant surge as TSA checkpoints outpace previous half-year record.
Stay ahead of the curve with our in depth analysis. Download the full report now to make informed decisions in this evolving market.