For Boston Hotels, 2026 Is a Year of Cautious Optimism
While the outlook for Boston hotels’ revenue growth is positive, expense pressures persist, driven by continued increases in labor and other operating costs.
While the outlook for Boston hotels’ revenue growth is positive, expense pressures persist, driven by continued increases in labor and other operating costs.
Boston was amongst the hardest hit regions during the pandemic. And the slow return of corporate, group and international travel has lengthened area hotels’ road to recovery.
The pandemic upended hotels’ business models and forced owners to rethink their strategies for operations, branding and property upgrades. Beverly-headquartered CHMWarnick and its president Chad Crandell step in.
Boston-based hospitality consultants Pinnacle Advisory Group have formed a strategic alliance with Beverly-based CHMWarnick to provide business strategies to help the struggling hotel industry recover from the COVID-19 pandemic.