The Marriott data breach, however it ultimately plays out, should be a wake-up call for the hospitality industry. Owners, operators and brands need to create effective and comprehensive policies, procedures and systems to address an increasingly dangerous data environment.
Atlanta hosts Super Bowl LIII in February, and while the market has one of the highest number of hotel rooms available among the past eight Super Bowl host cities, Atlanta's absolute occupancy and ADR are expected to be lower than those of past Super Bowl host markets.
European hoteliers had cause for celebration in October, as hotels recorded a 6.1-percent year-on-year increase in profit per room. Performance was boosted by a number of major festivals hosted in key cities, according to the latest data tracking full-service hotels from HotStats.
Jobless rates were lower in October than a year earlier in 272 of the 388 metropolitan areas, higher in 95, and unchanged in 21. Nonfarm payroll employment was up in 56 metropolitan areas over the year and essentially unchanged in 332.