Concord Hospitality's Will Loughran identifies major trends, key details to weigh for Q3&4 decision-making, delves into company's strategic priorities through year's end.
Concord Hospitality COO Will Loughran previews what hotel owners can expect from the back half of 2024 in this exclusive video. On the plus side: Margin growth stemming from upticks in business travel and small group demand, inventive food & beverage concepts, portfolio expansion opportunities and smarter labor management strategies. On the list of concerns: Interest rates, although relief may be in sight, the need for more layered financing and cost increases. This is a must-watch for every investor looking to stay ahead of the curve, as Loughran provides a comprehensive overview of industry trends and reveals how Concord is positioning itself for sustained growth. Gain invaluable insights into the evolving landscape of the hospitality industry and discover the key strategies that could significantly impact your investment decisions.
Episode sponsored by Concord Hospitality