Latest Trends in the Hospitality Industry
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Upper Midscale Competitors
Paving the Way. In 1984, the first Hampton Inn hotel opened in Memphis, Tennessee. A few years later, Hampton became the first hotel brand to offer 100% Satisfaction Guarantee and in 1993, Hampton introduces its new “blended” hotel product, Hampton Inn and Suites. That same year, the first Hampton-branded international property opens in Canada.
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An All-Time High In The US Real Estate Market
The real estate market is still on fire and continuing to soar significantly this summer. According to the S&P CoreLogic Case-Shiller, the nation’s house price index has been hitting the record high at 243.66, increasing 13.2% year-over-year as of March 2021. Below is the home price data list of 20 major U.S. metropolitan areas ranked from highest to lowest in 12-month change.
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Nashville, A Hotspot Of The US Secondary Market
Besides being home to the country music industry, Nashville is also known as a competitive market. How has the Supernova city performed during the past few years? Let’s discover it in this article.
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