Operations
Primary
Aug 10
The Present Situation Index just dropped to its lowest level since early 2021, and if you're running a leisure-dependent property, the 60-day booking window is where the damage shows up first. The question isn't whether Q4 softens... it's whether you've already looked.
The University of Michigan sentiment index cratered to 53.3 in March while gas crossed $4 a gallon and the S&P posted five straight weeks of losses. If you run a leisure-dependent property and haven't pulled your 60-90 day forward pace yet, you're about to find out the hard way what your guests already decided.
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