Deloitte Releases 2019 Travel and Hospitality Industry Outlook

A strong economy, rising global consumer purchasing power, and digital innovation have all fueled record growth in the travel and hospitality industry. But there are still several challenges that could throw the industry off course in 2019. What are the biggest trends likely to shape hospitality, airlines, cruises, and ground transportation in the year ahead?

Sydney Hotel Industry Reports Performance Decline for January 2019

STR’s preliminary January 2019 data for hotels in Sydney indicates lower occupancy and room rates influenced by supply growth.

US Hotel Occupancy Up 0.1 Percent to 56.7 Percent - Week Ending February 2nd - 2019

During the week of 27 January to 2 February, U.S. hotel occupancy was mostly flat (+0.1% to 56.7%), but a 2.3% ADR increase to $124.95 drove RevPAR up 2.4% to $70.83.

Canadian Hotel Occupancy Up 1.8 Percent to 56.6 Percent For Week Ending 2 February 2019

Canadian hotel occupancy rose 1.8% to 56.6% during the week ending 2 February, while a 2.1% ADR increase to 147.29 Canadian dollars ($111.06) drove RevPAR up 3.9% to CA$83.35 ($62.85).

Hotel Industry Trends

Why Retail Centers Are Adding Hotels to the Mix - By Jim Butler
February, 13 2019
Recently, my partner, Guy Maisnik, and I spoke about hotel retail mixed-use development with Kelsi Maree Borland of GlobeSt.com. Her article, Why Retail Owners Are Partnering With Hotels ran with the subtitle, With retail evolving to be more experience-driven, retail owners are finding the benefits of adding boutique hotels to shopping centers. continue reading →

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