I’m sitting with Bruce Ford of Lodging Econometrics discussing the current state of the hospitality industry leading into the ALIS (Americas Lodging Investment Summit) 2025 in downtown Los Angeles. From hot topics in hotel investment to the latest trends in the market, we discuss the economic climate, potential deals, and predictions for the year ahead.

Main Points:

ALIS 2025 Overview: Excitement builds as the conference season kicks off in Los Angeles. Glenn and Bruce discuss the importance of ALIS as a networking hub for industry professionals.

Key Trends in the Hotel Industry:
Hotel Buyers & Sellers: Some are looking to buy at a discount, while others are offloading properties.

Hotel Development: Many are focusing on signing new agreements to build hotels or reinvesting in existing portfolios.

Refinancing & Real Estate Cycle: The “extend and pretend” approach is ending, and hotel refinancing becomes a key factor in industry transactions.

Business Travel & International Arrivals: Both areas are lagging behind pre-pandemic levels, but experts are optimistic about recovery in 2025.

Exuberance in the Industry: Positive political and economic climate fueling optimism in hotel investment and real estate markets.

Looking Ahead: The potential for increased deals in the coming year, triggered by improved refinancing conditions and a healthy economy.

Episode Highlights:

The role of ALIS 2025 in setting the tone for the year ahead
Key discussions around buying, selling, and building hotels in 2025
Economic factors driving optimism and investment in hospitality
Predictions for business travel and international tourism recovery

For more insights from Bruce Ford, check out Lodging Econometrics and his LinkedIn newsletter.