Sarah Gulla
LA JOLLA, CA —The Hospitality Asset Managers Association (“HAMA”) has announced the results of its Fall 2024 Industry Outlook Survey. The semi-annual report conveyed the latest opinions, experiences and predictions of nearly 70 hotel asset managers on topics ranging from budget forecasts to management company outlooks.
Conducted in conjunction with HAMA'S 2024 Annual Fall Meeting that was held in
La Jolla, Calif., the results were presented to media live with a concluding
Q&A session via online conferencing. In total, 65 asset managers,
comprising approximately one-third of membership, participated in the
survey.
“The overall hospitality industry outlook remains positive from the hotel asset
management point of view,” said Sarah Gulla, HAMA president. “For
the most part, our member hotels continue to exceed budgeted forecasts, and
there seems to be little fear of a recession on the immediate horizon.
"While demand and wage increases remain
persistent concerns, this is a solid time to be in the hospitality industry.”
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Contact:
Chris Daly
President
DG Public Relations
(703) 864-5553
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