AHLA Survey: Majority of Hoteliers Scaling Back Development Plans
🏨 WASHINGTON, D.C., late August: A survey by the American Hotel & Lodging Association (AHLA) reveals financial strains on nearly 400 hotel owners/operators due to rising costs and uneven demand. 32% delayed development projects, 24% scaled back, and 8% canceled. Only 8% proceeded with new investments. 49% report understaffing. Leisure travel declines for 30% of hotels, while business/government travel drops for 15-17%. AHLA aims to advocate for policies that boost travel and reduce operational pressures.
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