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Hotel Profits in 2024, Michelin Keys, and White Lotus Season 3

In this episode of "Good Morning Hospitality," Sarah Dandashy & Steve Turk delve into the latest trends in the hospitality industry. They start with a discussion on the recent decline in U.S. hotel room rates and its implications for the industry. The episode then shifts focus to the anticipated factors affecting hotel profitability in 2024, including travel demand and operational costs. Another highlight is the Michelin Guide's new venture into ranking hotels globally, underscoring their stringent selection criteria. Travel topics include the reveal of Thailand as the filming location for season three of HBO's "The White Lotus" and an update on the JetBlue-Spirit Airlines merger situation. The episode also features personal experiences in hospitality and a thought-provoking hospitality quote before wrapping up with an invitation for listener engagement and a reminder to subscribe for more insights.