Supply Chain Issues
Some Supply-Chain Disruptions Have Eased But Other Hotel Procurement Challenges Persist - CoStar
Container Shipping Costs Down but Product Price Inflation Persists
Container Shipping Costs Down but Product Price Inflation Persists
Growing travel demand leads to more hungry travelers that hoteliers must feed while contending with higher food prices and supply chain disruptions.
Hotel owners and operators must cope with higher material and construction costs and longer lead times deliveries when renovating properties.
Operators say lack of items, increased prices are toughest to deal with.
More Than 70% Experiencing Increased Costs, Lack of Availability for Key Items