Renter Majority Exceeds 100 Suburbs Across 50 Largest Metros In The US
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2022 Hospitality Industry Statistics, Outlook, And Trends
In this article, we've assembled a few hospitality facts and historical data to help you better understand where the market is going in 2022.
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The Upcoming Trend Of Revenge-Spending in 2021
“Revenge-spending” is a term that illustrates the customers’ buying behavior after the COVID restrictions spend more on shopping than their purchase habits before the pandemic. According to Bloomberg Economics estimation, over $1.7T in excess savings from the beginning of the pandemic (March 2020) to January 2021 and the latest round of stimulus payments by the Biden organization are ready for the Americans to get in the revenge-spending.
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A Future Community Of Modular Housing
Amid housing shortage and high price records, the foldable house/ accessory dwelling unit (ADU) is becoming extremely popular. The increase in an ADU’s popularity is due to the desire to have extra space for work, living, and other purposes with lower expenses. Boxabl’s new Casita is at the forefront of the prefabricated home building trend.
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