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Today’s hospitality markets have new challenges to overcome—especially resorts. No sooner have they begun to regain marketshare in a post-pandemic world when an economic recession is causing guests to become more cautious of where and when they spend their money and time. The good news is that they continue to spend.
“The City of Sydney is a new hospitality market for lyf where we have a first in market advantage in an area with high population growth forecasts for urban professionals.
As we look ahead, LE’s report offers a detailed forecast of the anticipated supply growth. To learn how LE can support your business in accelerating revenue growth and expanding marketshare, reach out to us at 603-431-8740, ext. hotel landscape. 0025 or info@lodgingeconometrics.com.
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