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The Current State Of The Hospitality Industry

May 6, 2021


Current conditions in the state of the hospitality industry include leisure travel, employee challenges and reinvented guest programming.

While I do not know how we are going to pay for the government spending plans, I do know that in the short-term, we will see huge growth in gross domestic product with some forecasters projecting over 6% for this year. Lenders are back in the game and traffic on the roads seems to me like an increase in business overall. To date, all of the hotel business, by and large, is leisure business. Longer weekends have been created by travelers who are working remote on Fridays and Mondays.

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