Analysts Watch U.S. Hotel Demand and Construction
Skift Take
The hotel industry shows mixed signals as some AAHOA members see slowing construction, while CoStar reports a sharp decline in international arrivals.
The DJIA fell 972 points, Nasdaq was down 416, and the S&P 500 was down 125 points. All three indexes were down around -2.5% as the Bear Market that nobody wants to admit is a Bear Market continues. The rule of thumb is the indexes need to be down -20% or more to be a bear market, and we bottomed at 500 points above that on the Dow Jones. We don't see that making anyone feel any better.
Truist reported on their findings after attending the Asian American Hotel Owners Association annual convention. The AAHOA members own 60% of the hotels in the US and contribute meaningfully to the pipelines from the public Lodging C-Corps. Truist said they found hotel owner sentiment generally not fearful but cautious. Some new construction projects have been halted due to tariff costs and the messaging from brand leaders centered around "uncertainty". Truist said they view US new hotel construction pipelines at gr
