00:00 - 00:53 - Intro
00:54 - 04:05 - [1] Hotels hit affordability ceiling
04:06 - 05:30 - [2] Latin America breaking the mold
05:31 - 07:08 - [3] A tale of cautious optimism in Asia Pacific
07:09 - 08:20 - [4] Sun and Sand Destinations Reign Supreme
08:21 - 10:15 - [5] Riyadh and Saudi Arabia's fast growth bucks Middle East Trends
10:16 - 13:08 - [6] Struggling Asian Markets

In this conversation, Daniel and Blake unpack six insights from Lighthouse’s H1 2024 Global Hotel Pricing Report. They discuss how hotels have reached an affordability ceiling as consumer savings erode, and how travel preferences are shifting toward alternative accommodations. The discussion highlights Latin America’s standout price growth, cautious optimism across Asia Pacific, and the resurgence of sun-and-sand destinations over cultural cities. Blake also explores Riyadh’s rapid rise driven by high-profile sporting events and the continued uneven recovery in Asian markets reliant on outbound Chinese tourism. Together, they connect pricing trends with traveler behavior, regional economics, and demand seasonality shaping global hotel performance.

Download the report here: https://www.mylighthouse.com/resources/insights/report-global-hotel-pricing-h1-2024

Sources Referenced:

[1.1] -https://fred.stlouisfed.org/series/PSAVERT

[1.2] https://www2.deloitte.com/us/en/insights/focus/transportation/2024-summer-leisure-travel-trends.html

[2] https://www.mastercardservices.com/en/advisors/economic-consulting/insights/economic-outlook-2024-latin-america

[3] https://www.reuters.com/world/china/chinese-outbound-travel-recovery-lags-due-costs-visa-snags-2024-06-16/

[6 ]https://www.tourism.jp/en/statistics/