Looking Toward the Normalization of the New Orleans Hotel Market
CoStar data shows New Orleans occupancy fell from low 70s pre-pandemic to high 50s currently, with $600M Omni convention center hotel planned for 2030.
CoStar data shows New Orleans occupancy fell from low 70s pre-pandemic to high 50s currently, with $600M Omni convention center hotel planned for 2030.
The industry contributed $98.5 billion to global GDP and supported 1.8 million jobs in 2024, with over 60% of cruise passengers returning to destinations.
AHLA report shows LA hotels generate $12.5B annually but face rising costs and reduced investment, with 88% cutting staff due to city policies.
Study of 9,500+ respondents shows World Cup visitors will spend $5,000+ per person and stay longer than typical tourists, but safety concerns could limit economic gains.
The 1,200-room, two-tower complex will include a 50,000-sq-ft casino and create over 2,000 jobs in Georgia's capital.
AHLA warns that NYC's proposed tax increases and regulatory costs could harm hotel recovery while international visitor numbers decline 5%.
Oxford Economics study finds Phoenix hotels support 42,000+ jobs and generate $1.1 billion in tax revenue annually.
Analysis shows Montreal's seasonal STR ban will create 26,000-night shortfall during 2026 Formula 1 and cycling events, costing $19M in visitor spending.
WTTC analysis shows Middle East regional hubs processing 526,000 daily passengers face closures, but tourism can recover in two months with proper government support.
WTTC report shows investment will outpace demand growth 4.6% vs 3.3% annually through 2035, with Germany and Spain leading strategic infrastructure spending.
Fifteen destinations across four continents are competing to host WTTC's 2027 Global Summit following Rome's success, with Malta confirmed for 2026.