November 2, 2023 3:45 pm
Comments Off on NEIRA Annual Conference: New England Lodging Trends – presented by Rachel Roginsky, ISHC Rachel Roginsky, ISHC was the lead presenter at NEIRA’s Annual Conference. The 2023 Conference was held November 1-3 at the Samoset Resort in Rockport, Maine. The focus of the presentation looked at New England and national lodging trends, Innkeeper and Resort expectations for the coming year, historical data, and lodging outlook.
Please click on the link below to view the presentation:
NEIRA Presentation 2023
October 31, 2023 1:54 pm
Comments Off on MeetBoston’s Quarterly – Boston Cambridge Lodging Market, presented by Rachel Roginsky, ISHC Rachel Roginsky, ISHC presented at the Quarterly Meet Boston event on October 31, 2023. She outlined the continued strength of the Boston and Cambridge lodging market. Key takeaways were that as of September 2023, accommodated demand in the City’s hotels surpassed accommodated demand from 2019 by 1%, and is 10% over accommodated demand in 2022 for the first 9 months of the year. She also touched on the fact that rate growth is still positive, but that the rate of growth has been decelerating each month. Rachel updated our forecast for Boston year end 2023, although the updates were relatively immaterial. By the end of 2023, the Boston lodging market will reach 76% occupancy at an ADR of $289.
To view the presentation slides, please clink below:
Boston Cambridge Lodging Market – Oct 2023 – FINAL
