Quarterly Travel Insights Webinar

U.S. lodging industry trends continue to remain challenging. Growth in 2Q improved sequentially reflecting calendar shifts and easier comps, but outlooks for the next 6 months have grown more cautious. Modest trends in group & business travel appear offset by underwhelming leisure demand and increasingly price-conscious consumers. Other segments are mixed, with cruise and international outbound demand remaining strong, while most airlines have lowered their 2H capacity growth forecasts to better match demand. What do the latest trends mean for lodging demand looking forward?

Join the CRC Travel Team on Wednesday, August 21 at 11:00 am ET as we walk through the latest travel industry dynamics during our Quarterly Travel Insights Webinar.

We will cover an in-depth look at the following topics:

Macro picture and lodging sector outlook for 2H 2024 / early look at 2025
Takeaways 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)
Themes from travel companies’ 2Q results and 2H 2024 outlooks

Q&A will also be available with the CRC 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.