Quarterly Travel Insights Webinar
US hotel demand has looked pretty stable YTD, running essentially in line w/ pre-Covid levels. Looking at it compared to the same time last year, growth has slowed each month YTD as we are lapping the rebound coming out of Omicron in early 2022. The Leisure, Corporate, and Group trajectories vary by market, and questions remain on where each segment goes in the 2nd half of 2023. Will the robust Leisure trends of the last 3 years continue, and what does that data tell us about the health of the consumer? As the rate of inflation is expected to slow, can high pricing levels sustain?
Join CRC’s Travel Team on Thursday, May 18 at 11:00 am ET as we walk through the latest travel industry dynamics during our Quarterly Travel Insights Webinar.
CRC will highlight key themes currently impacting your industry. We’ll also take an in-depth look at the following topics:
- Macro backdrop and lodging sector outlook for 2023
- Takeaways & data from our latest proprietary monthly lodging survey
- Recovery path for airlines, cruise lines, short-term rentals
- CRC’s 2023 forecasts by travel segment, hotel chain, region, and demand segment (leisure, corporate, group)
- Hotel operations – new insights on operating model changes
- Analyze travel companies’ 1Q results and 2023 outlooks
The presentation will be followed by time for Q&A with the CRC Travel Team, so we encourage you to share this with other lodging/hospitality business leaders within your organization.
About the Presenter
Vince Ciepiel, CFA
Senior Research Analyst
Cleveland Research Company
Vince is a Senior Analyst and Partner at Cleveland Research Company covering hotel, cruise, online travel agencies, and luxury brands. Prior to his current role, Vince was a Research Associate covering the environmental and oilfield services. Before joining CRC, Vince had internships in trading at Deutsche Bank in New York and as a Hedge Fund analyst at AJS Capital in Boston.
Vince received a B.S. in finance and decision sciences from Miami University. He is a CFA® charterholder and member of the CFA Institute.