It’s that time of year again – conference season! Our team has been traveling from coast to coast over the past few weeks meeting with clients and partners and hearing directly from industry leaders about what’s next in corporate housing. Last month, we attended one of our industry’s biggest shows of the year, CHPA Annual.
This year’s event attracted approximately 500 corporate housing professionals – nearly double last year’s attendance – to New Orleans during Mardi Gras. What were the hot topics this year? Sustainability and inventory challenges topped the list. Companies are mandating suppliers have a sustainability program in place as the price of entry to review RFPs (see Sustainability article.) And inventory challenges continue to be a problem especially in hot markets like Miami, Nashville, Phoenix and San Diego. On the good news front, the supply chain issues the industry experienced in the first half of 2022 have now leveled off and have returned to normal.
Primestone sponsored the CEO Forum session during the conference. Before the session, our Chief Development Officer, Kenneth Flornes gave a brief overview to CHPA’s CEO attendees on Primestone Housing Solutions – who we are, what we do, and how we can add value to their corporate housing needs.
Overall, the conference was a huge success. It was great to see old friends, meet new ones and share industry insights and go out and experience Mardi Gras – New Orleans style!