According to a new survey from CareerBuilder, 65 percent of employers say they plan to hire recent college graduates this year, up from 57 percent last year and the highest outlook since 2007. One third will offer higher pay than last year, and 1 in 4 will pay $50,000 or more.
Future business activity in U.S. hotels rose in March according to the latest reading of the Hotels' future business conditions (HIL) indicator. e−forecasting.com's HIL, a composite indicator that gauges future monthly overall business conditions in the U.S. hotel industry, increased by 0.1% in March to 115.5, following a decline of 0.1% in February. The index is set to equal 100 in 2005.
According to research conducted by Starfleet Media, the implementation of Hospitality Revenue Management results in a 10 percent average increase in revenue per available room (RevPAR) for large and very large hotels, potentially translating into millions of dollars in additional profit for these companies.
Same-Property RevPAR in the first quarter of 2015 increased 3.6 percent over the same period of 2014 to $174.71. Same-Property ADR grew 6.3 percent from the first quarter of 2014 to $222.54. Same-Property Occupancy decreased 2.5 percent to 78.5 percent, primarily impacted negatively by renovations in the quarter.
Starwood Hotels & Resorts announced the launch of SPG Keyless in the UK, the hospitality industrys first mobile, keyless entry system allowing guests to use their smartphone as a key. Starting today, members of Starwood Preferred Guest® (SPG®) can for the first time ever unlock their hotel room door thanks to the SPG App for Apple Watch.
No, according to a national study by D.K. Shifflet and Associates. The study found that less than 10% of hotel reservations made in 2014 were done so using a hand held device.
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