Want to know what the future holds for the hospitality industry? How will blockchain and shifting demographics impact investment and go-to-market strategies? Join the era team at Bisnow’s Lodging Investment Summit on October 23.

The US hospitality outlook for 2018 is strong and has no signs of slowing down anytime soon. And with over 20 million visitors a year, the D.C. metro area is one of America's most popular tourist destinations. It is no surprise then, that the D.C., Virginia and Maryland area will each grow by more than 2,000 rooms during 2018.

According to JLL, 2018 kicked off the eighth consecutive year of growth for the hospitality industry as occupancy rates continue to rise. But don't get too comfortable, as rising construction costs, continued competition from online marketplaces, such as Airbnb, and the rise of experiential lodging is forcing hoteliers to step up their game and remain competitive in an otherwise demanding market.

As always, era is helping our hospitality clients to improve NOI for properties through energy efficiency & cost reductions strategies. We aid in due diligence to identify key opportunities for post-acquisition operational improvements, and we help to improve guest experiences through our IOT-based controls and automation strategies. Looking for a partner to deliver seamless building solutions for your hospitality property? Look no further than era.