Craftable reposted this
This Friday I will be speaking with the hosts of the Modern Hoteliers Podcast creators, 🎙️Steve Carran, David Rosenthal and Jon Bumhoffer about what Craftable is seeing with our customers and partners in the hotel space. Being the data focused company we are, the Craftable team dove into the latest American Hotel & Lodging Association State of the Industry Report (linked in the comments), and a few key insights stood out to us: ⬆️ Gains in RevPAR (Revenue per Available Room) 2.04% increase YOY ⬆️ Guest spending is set to reach record highs in 2025 - ($777.25B) ⬇️ Staffing & wage management remains one of the biggest challenges for operators. ↕️ The modern traveler is more diverse than ever—singles, DINKs, single parent families, retirees, families, and multi-generational families and friend groups all have unique priorities shaping their ideal travel experiences. This diversity in demand coupled with the anticipated growth creates unprecedented opportunities for operators to expand and refine their in-house offerings (i.e. Increase complexity). With so many moving parts, success hinges on a deeper understanding of processes, performance, and profitability. How do you continue to level up your hospitality operations with increasing market pressures? #HospitalityTrends #BusinessGrowth #IndustryInsights