Month: January 2024

Published by: Glaser Published date: January 2024 CLEVELAND, Ohio – Cleveland-area hotels have almost fully recovered from the pandemic, at least by one important metric – the percentage of rooms that are filled on an average day. Hotel occupancy rates in Greater Cleveland averaged 60.5% in 2023 – nearly identical to the 60.7% rate

Our recent research for a project in Grand Rapids, Michigan revealed some exciting new hospitality-related developments happening in the area. These developments will have an impact on tourism, employment, and the general economy in Grand Rapids and the surrounding areas in 2024 and beyond. Groundbreaking for a new 12,000-capacity amphitheater in downtown Grand Rapids is

H&LA’s David Sangree visited the Palm Springs Surf Club in January of 2024 and was very impressed with the quality of the offerings of the redeveloped Wet ‘n Wild Palm Springs waterpark. Unfortunately, the surf pool, lazy river, and slides were not operational on the day of his visit as they were still tweaking the

Lending for U.S. hotels is likely to face challenges going into 2024 as rates remain high. Published by: Hotel Management/Esther Hertzfeld Published date: January 2024 While a potential economic slowdown will have impact throughout the hotel industry, one of the areas poised to see the biggest challenge is the hotel lending market, according to several

Hotel News Now indicated larger meetings and events will be a factor in 2024 and it will impact bookings at hotels as revenues are expected to rise. Published by: Hotel News Now/Dana Miller Published date: January 2024 Group demand is coming back at a stronger clip in 2024, and for some hotel companies it’s shaping