Hotel Fundamentals Continue to Languish Amid Flat Occupancy Rate

2024 was an eventful year around the world with elections held in more than 60 countries, representing nearly 50 percent of the world’s population. One of the most consequential results was Donald J. Trump winning the U.S. presidential election, who along with the Republican Party also won majorities in both houses of Congress. In addition to representing the third straight U.S. Presidential election during which the incumbent party lost, the year was notable for many additional incumbent losses around the world.