Derrick Yee News Today

The Hospitality Asset Managers Association (“HAMA”) today announced the results of its Fall 2023 Industry Outlook Survey. The semi-annual report updated the opinions, experiences and predictions of nearly 80 hotel asset managers from the earlier spring conference survey with a focus on budgetary predictions and potential causes of industry concern.

Article - Among Hotel Asset Managers Concerns, Labor Challenges Outweigh Recent Banking Collapses - CoStar - While the broader economy and commercial real estate investors continue to digest issues in the world of regional banking, members of the Hospitality Asset Managers Association are still more concerned about the cost and availability of workers.

The Hospitality Asset Managers Association (“HAMA”) today released the results of its Spring 2023 Industry Outlook Survey. The semi-annual report collected the opinions, experiences and predictions of more than 80 hotel asset managers concerning the current state of the hospitality industry with particular focus on 2023 forecasts and pre-COVID comparisons.

AHLA has played an increasingly critical role on behalf of the hotel industry, especially since the COVID-19 pandemic. In the last two years, AHLA has grown from 44 to nearly 70 employees, as the organization continues to serve as the singular voice of America’s hotels and remains deeply engaged in policy issues affecting hoteliers at all levels of government.

The availability and cost of labor rank as the biggest issues for hotel owners, according to a new survey from the Hospitality Asset Managers Association.