u.s. lodging market
Daniel Lesser | April 24, 2019
By Daniel H. Lesser While the longer economic growth endures, intuitively the risk of recession rises. Despite GDP indicative of a slowing economy during Q4 2019, the U.S. economic expansion which commenced in June 2009, is soon approaching the longest post-World War II expansion with uninterrupted growth. Investors frequently ponder where we are in a cycle. Is the current economic climate most like 1995, 1999, 2000, 2003, 2008 or 2016? While history often rhymes, the reality is we are in 2019, which presents its own set of idiosyncratic risks and opportunities. Many economists have opined that expansions do not die of old age, rather t...
Daniel Lesser | January 24, 2019
By Daniel Lesser Economic growth, record low unemployment, relative low inflation, rising government spending, and tax reform have combined to produce one of the longest periods of sustained growth ever in the United States. 2018 was another record-breaking year for the U.S. hotel industry with new all-time high operating metrics including: annual occupancy, average daily rate, revenue per available room, room night demand, and available room nights. Results of the U.S. mid-term election are not likely to produce any immediate government policy changes and the American economy is now more than a decade into a growth cycle which has been...
Daniel Lesser | November 1, 2018
By Daniel Lesser What started as a bursting of the U.S. housing bubble between 2006 and 2007 and mushroomed into a failing subprime mortgage/credit market, ultimately resulted in the worst financial crisis since the Great Depression of the 1930s. Ten years ago, the Great Recession of 2008/2009 was ushered in by a full-blown international banking crisis sparked by the collapse of blue-chip investment banks Bear Stearns and Lehman Brothers. Through the end of Q3 2018, Wall Street is enjoying another heyday as profits for commercial banks are at a record high, the stock market is in its longest bull run in history, the U.S. economy is humm...
The Tipping Point for Innovations in Vacation Rental and Timeshare Technology
Hospitality Financial Leadership: How to Prepare a Financial Budget
Winning the Battle for Guests: Remaining Competitive in the Age of Airbnb
Wyndham Enters Agreement With Profusion Group to Bring La Quinta by Wyndham Brand to Dominican Republic
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