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2023 industry outlook better than pre-pandemic levels

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ccrpm February 9, 2023

Staffing and economic challenges will remain, but the hotel and resort industry this year is likely to top pre-pandemic performance in terms of nominal room revenue, state and local tax revenue and demand, according to the American Hotel & Lodging Association‘s State of the Hotel Industry Report. Room-night demand is projected to reach 1.3 billion occupied room nights this year, up from 1.29 billion in 2019, while nominal room revenue is predicted at $197.48 billion, up from $170.35 billion in 2019. TravelPulse

CCR NYC Facilities & Construction was held September 28th, 2023 Noon to 4 PM at Penthouse 45.

The 14th Annual 2024 Hybrid Summit will be held January 2024, Date & Location TBD.

Sprouts to more than double Philadelphia footprint

Sprouts Farmers Markets has plans to more than double its footprint in the Philadelphia area with six new stores in the pipeline, which will bring the grocer’s total store count in the metropolitan region to 11. The grocer first entered the Philadelphia market five years