Travel
March 13, 2024
11:00 am
Quarterly Travel Insights Webinar
Travel demand growth reverted towards its historical trend lines in 2H23 as the recovery has played out. U.S. hotel demand continues to show slight declines vs. prior year while price growth has been stable at around 2%. Several macro trends support travel growth in 2024, including spend on experiences more than goods, flexible lifestyle trends, and rebounding international inbound. When does hotel demand growth start to accelerate? Can leisure/weekends return to growth? Group events has been a source of strength… what do bookings suggest for the next 12 months?
Join CRC’s Travel Team on Wednesday, March 13 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 2024
- Takeaways and data from our latest proprietary monthly lodging survey
- Demand path for airlines, cruise lines, and short-term rentals
- CRC’s forecasts by travel segment, hotel chain, region, and demand segment (leisure, corporate, group)
- Travel companies’ 4Q results and 1Q & 2024 outlooks
Q&A will also be available with the CRC Travel Team, so we encourage you to share this with other members of 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.
Matt Varabkanich
Senior Research Associate
Cleveland Research Company
Matt is a Senior Research Associate at Cleveland Research Company specializing in the travel sector, with a focus on identifying inflections across the lodging, short-term rental, online travel, and cruise end markets. His team provides in-depth financial analysis and proprietary surveys to generate unique research for investors and industry partners.
Matt holds a Bachelor’s Degree in Finance, with a minor in Analytics from Miami University in Oxford, Ohio.