August 1, 2021 / Knitec Enterprises, Kayla Gephart
The industry’s largest hospitality TV dealer, KniTec, forecasts smoother sailing for Q4 2021
The perfect storm
Relief in sight
But, Gephart says, relief may be in sight.
“From our industry-wide view, we anticipate that while 43” models will still continue to be constrained into 2022, we’ll start to see stock filling in for 50-55” models in late September – early October 2021.”
What does this mean for hospitality television customers who have a newbuild or renovation project on the horizon?
“You should see stock loosen up and lead times for new orders start returning to normal sometime in late fall / early winter.”
While stock will become more available, however, don’t expect prices to decrease. With the threat of further lockdowns and supply chain disruption still looming in the market, prices on electronics – including hospitality televisions – are expected to hold steady or increase in the foreseeable future.
Advice for hospitality TV customers
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