Hotel Development Outlook: Navigating Interest Rates, Construction Costs & Investment

No Vacancy Live! - A podcast by NoVacancyNews

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At The Lodging Conference, Ryan Bosch of Arriba Capital and I discussed the latest trends in hotel development and how itโ€™s affected by interest rates, market shifts, and hospitality industry development strategies. Whether you're a seasoned investor or just curious about the future of hotel construction, this conversation offers key insights on whatโ€™s coming next. Key discussion points: Current interest rates ๐Ÿ“Š and their effect on hotel development ๐Ÿ—๏ธ Why 50 basis points isnโ€™t enough for a market shift โš–๏ธ but why thereโ€™s hope on the horizon ๐ŸŒ… What Lodging Econometrics' data says about new hotel construction in 2024 and beyond ๐Ÿ“… Market predictions: Which cities are primed for outsized RevPAR growth? ๐ŸŒ† How luxury and upscale segments โœจ are faring against economy properties ๐Ÿ’ฒ The challenges and opportunities in hotel development financing ๐Ÿ’ฐ What to expect if many developers begin building simultaneously ๐Ÿ› ๏ธ The key to getting your hotel project financed in a competitive market ๐Ÿ”‘ Donโ€™t miss this in-depth conversation packed with actionable insights for developers, investors, and hospitality professionals! Thanks to Unifocus for supporting this video.