Quarterly Travel Insights Webinar

The U.S. hotel industry finished 2024 on a strong note supported by better leisure demand and one-time events in 4Q (i.e. calendar shifts, hurricanes). Full year U.S. hotel demand growth of 0.5% was driven by group/corporate travel in upper chain scales, resulting in flat occupancy. ADR growth of 1.7% continued to under-pace inflation and operating costs, limiting margins.

Can a continued improvement in domestic leisure trends support accelerating demand growth in 2025? Group has been a source of strength…what do bookings suggest for the next 12 months? How could the new administration and macro backdrop impact consumer confidence, business travel, and international tourism flows?

Join the CRC Travel Team on Thursday, March 13 at 11:00 am ET as we walk through the latest travel insights during our Quarterly Travel Insights Webinar.

We will cover an in-depth look at the following topics:

Macro picture and lodging sector outlook for 2025
Takeaways from our latest proprietary monthly lodging survey
Demand path for airlines, cruise lines, and short-term rentals
Updated CRC forecasts by sector, hotel chain, region, and demand segment
Themes from public travel company 2024 results and 2025 outlooks

Q&A will also be available with the CRC Team, so we encourage you to share this with other members of your organization.

Registration includes access to the slide deck and audio replay we’ll send out afterwards.

About the Presenter

Vince Ciepiel, CFA

Senior Research Analyst

Cleveland Research Company

Vince is a Senior Analyst and Partner at Cleveland Research Company covering hotel, cruise, online travel agencies, and luxury brands. Prior to his current role, Vince was a Research Associate covering the environmental and oilfield services. Before joining CRC, Vince had internships in trading at Deutsche Bank in New York and as a Hedge Fund analyst at AJS Capital in Boston.

Vince received a B.S. in finance and decision sciences from Miami University. He is a CFA® charterholder and member of the CFA Institute.

Matt Varabkanich

Senior Research Associate

Cleveland Research Company

Matt is a Senior Research Associate at Cleveland Research Company specializing in the travel sector, with a focus on identifying inflections across the lodging, short-term rental, online travel, and cruise end markets. His team provides in-depth financial analysis and proprietary surveys to generate unique research for investors and industry partners.

Matt holds a Bachelor’s Degree in Finance, with a minor in Analytics from Miami University in Oxford, Ohio.