2022 Hospitality Insights

Hospitality Insights Hotel Demand is Rising Summer is here and people are taking advantage of traveling. Hotel demand is increasing faster than anticipated and the industry is experiencing a bounce-back to pre-pandemic numbers. U.S. hotel occupancy rose to 70.6% for the week ending June 11 with an average daily rate (ADR) of $155.37 and Revenue […]

2022 Building Service Contractor Insights

Building Service Contractor Insights BSCs are OPEN!! One of the top concerns for building service contractor is labor. Hiring, maintaining, and affording labor has created multiple headaches and challenges for BSCs. Inflation pressure is directly affecting labor wages and expenses on top of the limited job pool. Another item affecting BSCs is industry consolidation which […]