8th Year of Continuous Growth!

2016 marked the 8th year of continuous growth for the lodging industry in the U.S. It appears that despite the threat presented by airbnb and the short-term rental market, the hurricanes and wildfires that plagued much of the east coast and northern California respectively, 2017’s performance will top that of last year making 2017 the 9th year of continuous growth for the industry. The American Hotel and Lodging Association reports the following lodging industry results for 2015 – 2017 year-to-date. Source: Smith Travel Research, Pricewaterhouse, Coopers.