📉 The hotel industry is navigating turbulent times — again. But this episode of hashtag novacancynews isn’t about panic — it’s about real talk from the frontlines. I'm joined by Bruce Ford (Lodging Econometrics) and Craig Sullivan ([CLIC] Media) to break down what’s happening right now in hospitality — and what savvy operators must do to stay ahead.
👇 Highlights:
[00:55] Market jitters & hotelier anxiety: The instability nobody's talking about
[3:45] Convention cancellations & the silent collapse of government-adjacent demand
[5:20] Economic ripple: Loss of city taxes, F&B revenue, and restaurant closures
[7:45] Canadian travelers vanish — a crushing blow to Northeast U.S. tourism
[11:35] How to tap your local market like a pro — your community is your new customer
[15:25] The pipeline paradox: Record project counts but shrinking room size
[18:40] A wave of listings hits the market — who's buying and who's just fishing?
[23:10] Why developers are hitting pause — and what smart ones are quietly doing now
[27:15] Small business pain: Rising input costs, shrinking margins, and $12 lattes
[31:00] Brand conversions, property tax appeals & getting hyper-local for room nights
[37:40] Bonus: Bruce’s Vegas weekend + Glenn’s BBQ adventures 🍖🔥
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