Project: Proposed Nordic Spa
Type: Other
City: Vernon
State: New Jersey
Country: United States
MSA: New York-Newark-Jersey City, NY-NJ-PA Metro Area
Featured Publications
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What’s Next for Hospitality in 2026?
January 6, 2026
By: Kate Cheung, CHIA In 2025, the hospitality industry experienced a more normalized operating environment. Average daily rates grew modestly while overall occupancy softened, and demand remained stable amid rising operating costs and broader economic uncertainty. Several macro-level factors shaped hotel performance during the year. The implementation of new tariffs increased the cost of construction
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