Hotel Industry News - Trends

AAA Travel projects 34.8 million Americans will journey 50 miles or more from home during the Memorial Day holiday weekend, a 0.9 percent decrease from the 35.1 million people who traveled last year.

+8.8% Increase Over April 2012 is Highest Year-over-year Increase Since August 2011

This publication focuses on the market of wellness resorts of Sochi, Russia. In light of heightened media attention to Sochi, we examine the market evolution caused by the recent social & economic changes and development opportunities in the market.

Unlike the ADR growth at the end of 2012, 2013 is showing all growth coming from occupancy, which increased modestly 1.6 percent to 60.4 percent.

In April, the Asia/Pacific region’s occupancy ended the month with a 0.5-percent decrease to 68.6 percent, its average daily rate dropped 2.3 percent to US$127.20 and its revenue per available room was down 2.8 percent to US$87.22.

The region reported a 3.4-percent increase in occupancy to 65.7 percent, a 0.7-percent increase in average daily rate to US$171.29 and a 4.0-percent increase in revenue per available room to US$112.46.

In April, the Americas region reported a 3.5-percent increase in occupancy to 63.8 percent, a 3.4-percent rise in average daily rate to US$112.31 and a 7.0-percent growth in revenue per available room to US$71.67.

Hotel Industry Leading Indicator - HIL - Up In April

ADR increases 3.8% to US$110.02

According to a recent survey released by TD Ameritrade Holding Corporation (NYSE:AMTD), the majority (78%) of Americans say yes, a summer vacation is on the agenda.

Growth on Online Channels Still Steady

Following an increase in 2011, U.S. hotel industry profits recorded another strong gain during 2012, based on data from STR Analytics’ 2013 HOST Almanac.