November 10-11,2019 | Javits Center NYC
STR's Ryan Lynch offered a presentation at HX: The Marketplace, entitled, "U.S. Lodging Industry Outlook: Trends for 2018 & Beyond."
The overall picture for the industry will continue to be rosy, but labor will be the biggest challenge facing hoteliers.
Hospitality food and beverage has evolved over the years. The image of hotel restaurants sitting empty between breakfast and dinner and being a money loser has become a thing of the past.
Hotel technology is changing and evolving every year. What seemed like science fiction years ago has turned in the real thing. Innovations like the use of robots, cell phone apps for hotel services, and virtual reality (VR) will grow and become more sophisticated and user-friendly in the year ahead.
The demand for hotel rooms in the United States will continue to remain healthy next year, with occupancies flourishing at record levels, but there will be various factors putting pressure on rate growth in 2019, industry experts predicted.
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