While factors like excess supply have dampened hotel-sector growth to some degree, there are other factors working in its favor, according to research from Ten-X Commercial. In the following video, the firm shows:
- Shifts in consumer spending toward experiential purposes like travel is helping the hospitality industry, while hurting the retail industry.
- Markets like Sacramento, Orlando, Central NJ and Baltimore will see less supply growth than New York City, Austin, Charlotte, Seattle and DC, possibly setting the stage for future demand in those markets will less in the pipeline.
- The Airbnb threat has moderated somewhat, although it is still an existing alternative to the traditional hotel market.
Click the video below and read the latest analysis from Ten-X Commercial to learn more about forecasts for the hotel sector.
While factors like excess supply have dampened hotel-sector growth to some degree, there are other factors working in its favor, according to research from Ten-X Commercial. In the following video, the firm shows:
- Shifts in consumer spending toward experiential purposes like travel is helping the hospitality industry, while hurting the retail industry.
- Markets like Sacramento, Orlando, Central NJ and Baltimore will see less supply growth than
- The Airbnb threat has moderated somewhat, although it is still an existing alternative to the traditional hotel market.
Click the video below and read the latest analysis from Ten-X Commercial to learn more about forecasts for the hotel sector.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
