130 – 2024 Hunter Hotel Investment Conference: Takeaways

Suite Spot: A Hotel Marketing Podcast

Check out the top 5 takeaways from the 2024 Hunter Hotel Investment Conference and what they mean for hoteliers. Host Ryan Embree gives insight into key topics and conversations from the event for listeners so don't worry if you weren't able to attend or mis. All the must-know details are right at your fingertips. Tune in! Episode Transcript Our podcast is produced as an audio resource. Transcripts are generated using speech recognition software and human editing and may contain errors. Before republishing quotes, we ask that you reference the audio. Ryan Embree: Welcome to Suite Spot, where hoteliers check in and we check out what's trending in hotel marketing. I'm your host, Ryan Embree. Hello everyone, and welcome to another episode of The Suite Spot. This is your host, as always, Ryan Embree. We are back here in our content creation studio in our Travel Media headquarters in Maitland, Florida after a busy week at the Hunter Hotel Investment Conference in Atlanta. If you're watching us on our YouTube page, you could see I don't have my normal attire because that is how quickly I wasn't even able to do laundry before I got back to the office to record this episode as this was just such an insightful, jam packed event. I wanted to make sure to get these key takeaways to you as quickly as possible. What such a great event. We're gonna talk about that later in this episode, but wanted to spend some time just giving some key takeaways from the event, what we were hearing from our panelists, some of the interviews that we're gonna be putting out there on our social content over the next couple weeks. So make sure if you're not following Travel Media Group to do so, to get some exclusive insights and interviews and everyone we talk to at the Hunter Hotel Investment Conference. But let's jump right into it because we've got five key takeaways to review. The first one is obviously the name of this is the Hunter Hotel Investment Conference, right? So everyone wants to kind of know what is the state of investment right now. There was a lot of cautious optimism, I would say, from this event and some of the panelists that were speaking so much so that, you know, when asked straight out, you know, whether they would invest right now, a lot of the panelists, majority of them would say yes and answer different types of markets. But it is interesting to see with all these kind of looming factors, whether it's geopolitical inflation, interest rates, this is an election year, still this type of optimism. And I think what this comes from and stems from is right now to invest in hotels or in properties. If you wait until interest rates are going to fall, everyone's gonna kind of jump into the ring. So people are trying to be the first one to jump into the pool, get an advantage right now, because again, if interest rates do fall in the second half of 2024, like their expected do, and our panelists are expert panelists had said, you might be late to the party or in a very crowded party and might not have the leverage right now. So I was really surprised with all the optimism, but great to see in a conference like that, the energy strategic partnerships announced, Hotel Equities with trust hospitality have made a big announcement. We actually have an interview with a key stakeholder from Hotel Equities kind of talking about that strategic partnership. So keep an eye out on that. But it was fascinating to hear the opinions on which markets to get into. And I do think that is an interesting trend that we're seeing right now because some markets, like, Miami and Nashville, we actually spoke to an asset management company that has a couple assets in Nashville saying that they were running so hot that the growth is just not there like it used to be. And it's interesting because everyone at you know, since the pandemic has been on this steady rate of recovery, but markets like Miami, Nashville,