Develop insight into how our industry is performing.
Review trends, predictions, and strategies for what’s ahead and how you can be successful.
Identify ways you can invest in your career now.
2. ● You’re free to leave any time.
● Questions welcome whenever.
● Take as many photos and share as you please.
● Engage on social: @danberger | #CS2017
Presenter-Audience Agreement
8. We envision a world where face-
to-face events achieve great things
Sample of the 40+ awards Social Tables and its leadership have received.
9. ● Develop insight into how our industry is performing.
● Review trends, predictions, and strategies for what’s
ahead and how you can be successful.
● Identify ways you can invest in your career now.
Learning Objectives
11. Politics and Policies
A potential trade war and ongoing immigration issues will impact the global hospitality industry, hospitality leaders
believe.
Demand
Industry leaders believe corporate travel will bounce back in 2017 due to the stock market’s performance, “lessening
regulations on corporations, slashing their tax rates, and building up a more robust transportation infrastructure.”
This will contribute to an increase in ADR, which will increase RevPAR by an estimated 2.3%.
Supply
An increase in hotel room supply will marginally outpace growth in demand, resulting in a decline in occupancy to
65.3%. Airbnb remains a wildcard.
Airbnb continues to grow and just raised $1bn. They were profitable in 2H 2016.
The State of Travel and Hospitality in 2017
Source: Hotels Mag, MeetingsNet, CNBC, PwC, internal reports.
12. The Overall Climate
We are still in a supplier market. Chains are reporting strong group booking toward the end of the year and
beyond but tepid short-term booking due to market and government uncertainty.
Budgets and attendance in 2016 grew from 2015 but at a slower pace. Exhibitor numbers grew in 2016 at a higher
clip than 2015 so more space was used.
The Biggest Challenge
Safety and security are top-of-mind for planners.
The State of Group Business in 2017
Source: Hotels Mag, MeetingsNet, CNBC, PwC, internal reports.
13. From 1945 to 2001, and 10 cycles, recessions lasted an average 10 months and expansions an
average of 57 months.
We’re currently on expansion month #91 and counting.
Year The Economy
2008 Recession began
2009 Recession ended (1.5 years)
2018 Next projected recession
2019 Expansion
2025 Projected end of an expansion
Beyond 2017: A Recession on the Horizon
Source: Wikipedia