Markets

Insider Trading

Hedge Funds

Retirement

Opinion

20 Most Overrated Cities in the US According to Reddit

In this article, we will be covering 20 most overrated cities in the US according to reddit. If you want to skip our detailed analysis of the US travel and tourism market, you can go directly to 5 Most Overrated Cities in the US According to Reddit.

Travelers have unique tastes and perspectives. While some cities may ignite our passions and surpass our hopes, others can disappoint us and leave us feeling underwhelmed. We will be looking at some of the most overrated cities in the US according to reddit. However, it is important to know that the US has a major travel and tourism market, and some of these overrated cities in our list, as voted by redditors, are actually very popular travel destinations.

In one of our articles about the best all-inclusive resorts, we discussed that the global hotel, resorts, and cruise industry is dominated by North America and is expected to experience significant growth in the coming years. The demand for traveling is booming, and the market in the US is growing significantly to reach beyond pre-pandemic levels.

Before we take a look at the most overrated cities in the US according to reddit, let’s take a look at the US travel and tourism market and what some of the key players in the market are up to.

Market in the US to Lead Global Travel & Tourism Rebound

The World Travel & Tourism Council reported, on August 22, new insights into the strong growth of the US travel and tourism sector, which grew by 16.9% in 2022 while also creating about 2.7 million more jobs as compared to the previous year. Moreover, domestic visitor spending has almost reached its pre-pandemic levels in the US travel and tourism sector, and the comeback and growth is also reflected in statistics of US airports, which continue to be some of the world’s most busiest airports.

According to a report by Research And Markets, the US travel and tourism market was valued at around $1.68 trillion in 2022. The market is expected to grow at a compound annual growth rate (CAGR) of 5% during 2022-2027, propelling the market to reach above $2.15 trillion by the end of the forecasted period. As lockdowns around the world have cooled down, and travel options are back in full swing, the travel and tourism industry is expected to grow significantly in the coming years. The travel and tourism market includes revenues generated by passenger airlines, hotels, restaurants, casinos, resorts, and the gaming market.

Due to a surge in disposable income, travel and tourism is gaining popularity among the middle class population. Moreover, rising adoption of technology has led to a surge in online bookings as travelers enjoy and prefer the convenience that travel websites, mobile apps, and online booking platforms have to offer. This is expected to further augment market growth during the forecast period.

Major US Travel & Tourism Companies: What Are They Up To?

With a desire to increase profits and their market share, travel and tourism companies are working towards offering travelers more convenient and affordable options in response to the growing demand for travel.

Booking Holdings Inc. (NASDAQ:BKNG) is one of the world’s largest providers of online travel and related services. It’s the parent company of several popular travel booking brands, including Booking.com, Priceline, Agoda, Rentalcars.com, and KAYAK. On June 27, Booking Holdings Inc. (NASDAQ:BKNG) announced that its subsidiary Booking.com, one of the world’s leading digital travel platforms, will be launching a new AI Trip Planner in beta to a number of US travelers on its app. Powered by large language model (LLM) technology from OpenAI’s ChatGPT API, the new trip planner will allow users to easily chat and ask travel-related questions to get help with any stage of their trip planning. Users can check out potential travel destinations and accommodation options, as well as get travel inspiration and create itineraries based on their needs and requirements.

Companies that operate and offer hospitality services, including hotels and resorts, are expected to benefit from the increase in travel demand. On July 17, Reuters reported that Marriott International Inc. (NYSE:MAR) and MGM Resorts International (NYSE:MGM) are joining hands and getting creative with their loyalty programs to offer benefits and retain customers as the demand for travel, concerts and sporting events surges across the US. The two travel companies launched “MGM Collection with Marriott Bonvoy,” which would make MGM Resorts International’s (NYSE:MGM) 40 million members globally eligible for the Bonvoy loyalty program. On the other hand, members of the Marriott International Inc.’s (NYSE:MAR) Bonvoy rewards program can earn and redeem points to stay at all MGM resorts across the US and Canada.

Here are some comments from Marriott International Inc.’s (NYSE:MAR) Q2 2023 earnings call:

“As we focus on paths for growth, we are adding new offerings and experiences in segments where we believe there is strong consumer interest beyond our current brands. A great example is our recent announcement of an exclusive 20-year strategic license agreement with MGM Resorts International and the creation of MGM Collection with Marriott Bonvoy. The collection, which will launch beginning in October, encompasses 17 resorts with 40,000 rooms. This deal will provide us with significant presence in Las Vegas, one of the most popular destinations in the country with fantastic properties like Bellagio, the MGM Grand, and ARIA, as well as additional distribution in five other key US cities. Beyond just hotels, our strategic agreement with MGM will also give our members access to more sports, music, culinary and entertainment experiences.”

On August 1, Marriott International Inc. (NYSE:MAR) reported strong earnings for the fiscal second quarter of 2023, reflecting strong demand for travel and lodging. The company reported earnings per share of $2.26 and surpassed EPS estimates by $0.09. The company reported a revenue of $6.08 billion and outperformed revenue estimates by $104.2 million.

Now that we have taken a look at the US travel and tourism market as well as what some of the key market players are up to, let’s take a look at 20 most overrated cities in the US according to reddit.

Methodology

For this article, we compiled a list of 20 most overrated cities in the US according to reddit. We went through multiple reddit threads, and used search terms like “most overrated places in the US”, “overrated cities in America”, and “what are the most overrated cities in the United States” to find relevant threads.

To ensure the authenticity and relevance of our research, we focused on cities that were most frequently mentioned by redditors across various threads and discussions. People had discussed both the most underrated as well as the most overrated cities. However, for this article, we only considered the opinions about the most overrated cities, and also excluded locations that did not qualify as cities in the US. We used the number of comments and upvotes on several reddit threads, and tabulated the cities based on the number of times their name came up in a comment, as well as the upvotes on these comments. This approach led to a list of 20 most overrated cities in the US according to reddit, which are listed below.

20 Most Overrated Cities in the US According to Reddit

20. Key West – Florida

First up on our list of 20 most overrated cities in the US according to reddit is Key West, an island city in the US state of Florida. The city can be a little different than it’s perceived from the outside, and Key West may not be the right place for you if you’re looking for a relaxed beach vacation or a trip to the coast with your family.

Companies that are expected to benefit from the thriving travel and tourism market of the US include Booking Holdings Inc. (NASDAQ:BKNG), Marriott International Inc. (NYSE:MAR), and MGM Resorts International (NYSE:MGM).

19. Houston – Texas

Houston is a large metropolis, and the most populated city in the US state of Texas. However, a number of redditors pointed out that the city of Houston ranks among the most overrated cities in the US.

18. Boston – Massachusetts

Boston, the capital city of the US state of Massachusetts, is a cultural and financial hub. However, according to redditors, Boston can be expensive, and the traffic is not that great either.

17. Portland – Oregon

Portland is the most populated city in the US state of Oregon. As a port city, Portland may not be the right spot for you, especially if you’re a person who hates the rain. Some redditors even pointed out that the city of Portland has an aggressive homeless population and the city itself is not very clean.

16. New Orleans – Louisiana

New Orleans, nicknamed the “Big Easy”, is known for its round-the-clock nightlife and vibrant live music scenes. While a number of redditors pointed out that the food in New Orleans was great, some said that the city is now dangerous, dirty, and unmaintained.

15. Atlanta – Georgia

Atlanta is the capital city of the US state of Georgia, which many redditors believe is not a great place to live. The not so glamorous and congested city of Atlanta ranks among the top 15 in our list of most overrated cities in the US according to reddit.

14. Phoenix – Arizona

Phoenix is the capital city of the US state of Arizona. Phoenix is known for its year-round sun and warm temperatures. The city of Phoenix is highly populated, and many redditors say the city is uninteresting and the weather can get too hot.

13. Orlando – Florida

Orlando, a city in the US state of Florida, is home to a number of theme parks. However, because of bad traffic, humidity, and heat many redditors voted Orlando as one of the most overrated cities in the US.

12. Oklahoma City – Oklahoma

Oklahoma City, the capital city of the US state of Oklahoma, is known for its cowboy culture. However, Oklahoma City is a large city and some redditors said they found the place “dead”, quiet, and boring.

11. Nashville – Tennessee

Nashville is the capital city of the US state of Tennessee, which is known as the hometown of country music. Nashville is not very walkable and it is no longer the city it used to be, according to redditors, it is now a place where only younger people may enjoy themselves.

10. Denver – Colorado

Denver is a metropolis and the capital city of Colorado. However, redditors seem to think that Denver is overpriced for no good reason, the traffic is bad, and the city itself can be boring.

9. Dallas – Texas

Dallas, a commercial and cultural hub in Texas, is a modern metropolis. Many redditors find the place boring and don’t see the appeal, and so the city of Dallas ranks among the most overrated cities in the US according to reddit.

8. Austin – Texas

Austin is the state capital of Texas. The city is quickly becoming a major tech hub. However, many redditors seem to believe that Austin is losing its soul while becoming a major tech center, and quickly becoming one of the most overpriced and overrated cities in the US.

7. Chicago – Illinois

Chicago is the most populated city in the US state of Illinois and ranks high among the largest cities in the US. While some argue that Chicago is one of the few US cities that are underrated, many redditors seem to believe that the city is too expensive, overrated, and especially overwhelming when it comes to traffic.

6. Seattle – Washington State

Seattle is a seaport city, and Washington State’s largest city. Seattle is home to a large tech industry and the city itself is surrounded by water, mountains and evergreen forests. However, many redditors pointed out that because of rising public safety concerns as well as housing costs, the city of Seattle is extremely overrated, and so it ranks high among the most overrated cities in the US according to reddit.

Some of the best travel and tourism stocks to consider investing in include Booking Holdings Inc. (NASDAQ:BKNG), Marriott International Inc. (NYSE:MAR), and MGM Resorts International (NYSE:MGM).

Click to continue reading and see 5 Most Overrated Cities in the US According to Reddit.

Suggested Articles:

Disclosure: None. 20 Most Overrated Cities in the US According to Reddit is published on Insider Monkey.

AI Fire Sale: Insider Monkey’s #1 AI Stock Pick Is On A Steep Discount

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

The whispers are turning into roars.

Artificial intelligence isn’t science fiction anymore.

It’s the revolution reshaping every industry on the planet.

From driverless cars to medical breakthroughs, AI is on the cusp of a global explosion, and savvy investors stand to reap the rewards.

Here’s why this is the prime moment to jump on the AI bandwagon:

Exponential Growth on the Horizon: Forget linear growth – AI is poised for a hockey stick trajectory.

Imagine every sector, from healthcare to finance, infused with superhuman intelligence.

We’re talking disease prediction, hyper-personalized marketing, and automated logistics that streamline everything.

This isn’t a maybe – it’s an inevitability.

Early investors will be the ones positioned to ride the wave of this technological tsunami.

Ground Floor Opportunity: Remember the early days of the internet?

Those who saw the potential of tech giants back then are sitting pretty today.

AI is at a similar inflection point.

We’re not talking about established players – we’re talking about nimble startups with groundbreaking ideas and the potential to become the next Google or Amazon.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 10,000% Return: This AI Stock is a Diamond in the Rough (But Our Help is Key!)

The AI revolution is upon us, and savvy investors stand to make a fortune.

But with so many choices, how do you find the hidden gem – the company poised for explosive growth?

That’s where our expertise comes in.

We’ve got the answer, but there’s a twist…

Imagine an AI company so groundbreaking, so far ahead of the curve, that even if its stock price quadrupled today, it would still be considered ridiculously cheap.

That’s the potential you’re looking at. This isn’t just about a decent return – we’re talking about a 10,000% gain over the next decade!

Our research team has identified a hidden gem – an AI company with cutting-edge technology, massive potential, and a current stock price that screams opportunity.

This company boasts the most advanced technology in the AI sector, putting them leagues ahead of competitors.

It’s like having a race car on a go-kart track.

They have a strong possibility of cornering entire markets, becoming the undisputed leader in their field.

Here’s the catch (it’s a good one): To uncover this sleeping giant, you’ll need our exclusive intel.

We want to make sure none of our valued readers miss out on this groundbreaking opportunity!

That’s why we’re slashing the price of our Premium Readership Newsletter by a whopping 75%.

For a ridiculously low price of just $24, you can unlock a year’s worth of in-depth investment research and exclusive insights – that’s less than a single restaurant meal!

Here’s why this is a deal you can’t afford to pass up:

  • The Name of the Game-Changing AI Stock: Our in-depth report dives deep into our #1 AI stock’s groundbreaking technology and massive growth potential.
  • Ad-Free Browsing: Enjoy a year of investment research free from distracting banner and pop-up ads, allowing you to focus on uncovering the next big opportunity.
  • Lifetime Money-Back Guarantee:  If you’re not absolutely satisfied with our service, we’ll provide a full refund ANYTIME, no questions asked.

 

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

  1. Head over to our website and subscribe to our Premium Readership Newsletter for just $24.
  2. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.
  3. Sit back, relax, and know that you’re backed by our ironclad lifetime money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!

Subscribe Now!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…