Travel
November 20, 2024
11:00 am
Quarterly Travel Insights Webinar
U.S. lodging industry trends remain choppy, according to CRC’s latest travel insights. 3Q RevPAR growth eased and outlooks for 4Q have edged lower. Modest growth trends in group and business travel continue to be offset by underwhelming leisure demand. We are seeing increasingly price-conscious consumers think twice about hotel, short term rental, and domestic flight prices. Verticals within travel remain mixed. Cruise and international outbound demand continue to make gains, while most hotel and airlines co’s are edging their 2H outlooks lower. What do the latest lodging industry trends mean for travel demand into 2025?
Join the CRC Travel Team on Wednesday, November 20 at 11:00 am ET as we walk through the latest industry dynamics during our Quarterly Travel Insights Webinar.
We will cover an in-depth look at the following topics:
- Macro picture and lodging sector outlook for 4Q 2024 / early look at 2025
- Takeaways from our latest proprietary monthly lodging survey
- Demand path for airlines, cruise lines, and short-term rentals
- CRC’s forecasts by travel segment, hotel chain, region, and demand segment (leisure, corporate, group)
- Themes from travel companies’ 3Q results and initial ’25 commentary
Q&A will also be available with the CRC Travel Team, so we encourage you to share this with other members of your organization.
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.