📉 U.S. Hotel Industry Faces Thanksgiving Performance Dip

Download the 2024 Hospitality Report

Wrap up 2024 with a look at the top trends and investments among hotel GMs. While you may not be surprised to hear that personalized guest experiences and AI ranked high, Relay’s report also covers the impact of modern tech on operational efficiency, overcoming hiring challenges, and more!

📉 U.S. Hotel Industry Faces Thanksgiving Performance Dip

The U.S. hotel industry reported a decline in performance metrics for the week ending November 30, 2024, largely due to the Thanksgiving calendar shift. Overall occupancy dropped to 50%, with an Average Daily Rate (ADR) of $141.09 and Revenue Per Available Room (RevPAR) down by 10.5% to $70.59. However, markets like Tampa and Oahu showed positive growth amidst this downturn. Read more.

🚩 Labor Challenges Persist Amid Recovery

The U.S. hotel industry continues to grapple with labor shortages and rising costs, which are impacting operations in key markets like New York and Boston. Recent strikes by hotel workers demanding better wages and working conditions highlight ongoing tensions in the labor market, even as occupancy and revenue metrics show improvement in various regions. Read more.

$10 Million in Revenue, 200% Growth—Meet the Smart Home Company That’s Changing the Game

Smart homes are the future, and RYSE is leading the charge in one category being ignored by the competition. With 10 granted patents and products already earning rave reviews on Amazon and Best Buy, RYSE has achieved over $10 million in total revenue and is grew at an astonishing 200% month-over-month.

RYSE make it easy to automate window coverings, helping homeowners upgrade to smart living in minutes. And with partnerships with major retailers like Home Depot, Lowe’s, and BestBuy, RYSE is rapidly expanding its footprint in a market growing 23% annually.

At just $1.75 per share, you can invest in this game-changing company before their next wave of growth.

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✨ Luxurious Slopeside Lodging in the U.S.

This article highlights some of the most exclusive and luxurious slopeside accommodations across the U.S. It features properties across prime locations that offer elegant services and amenities. Read more.

🏛️ AHLA Urges Congress to Pass Key Hotel Legislation

The American Hotel and Lodging Association (AHLA) is advocating for key legislation that would address critical issues affecting the hotel industry, including transparency in hotel fees and a clear framework for short-term rental regulations. Read more.

💰 Taylor Swift’s Economic Impact on the U.S.

A new study explores how Taylor Swift’s tours have boosted the U.S. economy, particularly in cities where her concerts were held. The impact includes millions in local spending on hotels, restaurants, and services. Read more.

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 🌟 Six Senses London Launches New Members Club

Six Senses London is unveiling an exclusive new members' club. This high-end club is designed to offer a unique blend of wellness and social experiences, with amenities focusing on luxury, health, and wellness. Read more.

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