AUSTIN, Texas—Cendyn’s Sales Intelligence platform, formerly understood as Knowland, revealed that Phoenix, Arizona, ranked veryfirst in the leading 25 markets with year-over-year (YOY) development at 19.7 percent. Las Vegas, Nevada, followed carefully with development at 17.7 percent, positioning it in the leading 5 markets for the tenth successive month. South Michigan and the Florida Panhandle led in secondary markets, while Kauai, Hawaii, knowledgeable substantial YOY development at 72 percent.
Phoenix ranked veryfirst in the leading 25 markets for the veryfirst time in 2024 with a strong mix of nationwide association, innovation, healthcare, and monetary/banking. Michigan South ranked veryfirst in secondary markets, likewise for the veryfirst time in 2024, mostlikely due to football-related activities.
- Leading top 25 markets by YOY development in occasion volume: Phoenix topped the list with 19.7 percent occasion volume development in October, balancing 5,612 square feet and 174 guests, driven mainly by nationwide association occasions (8.6 percent of occasion volume.) Las Vegas remained in the leading 5, coming in 2nd, driven by nationwide association and weddingevents. For the leading 25