24 Hours of Data

I'm about six hours into the inaugural Hotel Data Conference put on by Smith Travel Research in Nashville. As you might imagine, it's been a blur of numbers, charts and graphs. Like Mark Lomanno said in his opening remarks, "I wish I had good news." Actually, beyond the expected news of continued declines in occupancy and ADR, I've felt some positive vibes coming from speakers like Lomanno and the attendees. We may finally be at bottom and there are some signs of life. Whether it's just bumps from seasonal activity or signs of a rebound, we may not know for a while. But the news and numbers could be worse, which I guess is a positive sign.

Check back later this week for more updates on the conference.