Jamie Lane

speaker

406 appearances 1 recordings 1 series first heard Jul 2026 last heard 7 Jul

Jamie Lane’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Um my big prediction at the beginning of the year was this was gonna be a year of

resurgent supply.

Um and unfortunately, and we might have to to wait another year for that.

Uh I think fortunately for the industry though, like

And it has been weak because demand has been uh weaker than expected.

Yeah.

Given high gas prices and and and still increased uncertainty um uh around the economy.

Uh so uh we've largely seen occupancy flat to slightly negative.

Um it was a really bad winter in the US for uh ski markets.

Uh they were they saw occupancy.

Down in four or six, and some markets it was 10, 15%.

Uh, so really weak winter.

And but as we and and fortunately because occupancy is roughly flat, like and and inflation is going up, we actually did see some pricing power.

Uh so and it been in a couple of years of sort of less than two percent, we're now

Uh in April and May seen two consecutive months of above two percent.

I in which and you heard me say I like ADR more rat than occupancy.

Like I'd much rather I sell fewer rooms at a higher rate and and have less turnover, less labor uh associated with generating that uh that revenue.

Um and then I as we look out over the summer, um

We actually see really robust performance uh expectations.

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