Month: June 2025
Our recent research for a project in Atlantic City, New Jersey 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 New Jersey and the surrounding areas in 2025 and beyond. The Island Waterpark at Showboat has made a splash in
STR and Tourism Economics have downgraded their U.S. hotel forecast through 2026, citing weaker early 2024 performance and economic pressures. Revised projections show slower growth in ADR and RevPAR, with demand softening among cost-conscious travelers. While luxury hotels remain resilient, overall industry recovery is expected to be moderate amid high interest rates and cautious consumer
Last week, the H&LA team came together for our annual corporate retreat, which presented a great opportunity to connect, learn, and refocus with our awesome staff. This year, we were fortunate to welcome several guest speakers from the hospitality industry who brought fresh insights into hotel operations and waterpark resort design. A big thank you