HVS Market Report - Madison, Wisconsin - By Dana W. Floberg

After experiencing year-over-year RevPAR growth since 2010, hotel supply in Downtown Madison has finally caught up with demand; however, the outlook remains positive given the diverse industries and breadth of demand generators in the market.

U.S. November Unemployment Rate Changes Little At 3.5%

Total nonfarm payroll employment rose by 266,000 in November, and the unemployment rate was little changed at 3.5 percent. Notable job gains occurred in health care and in professional and technical services. Employment rose in manufacturing, reflecting the return of workers from a strike.

China�s Hotel Construction Pipeline Has Grown to Record High

Analysts at Lodging Econometrics (LE) report that at the end of the third quarter of 2019, China’s total construction pipeline has grown to 3,380 projects/628,972 rooms.

TripAdvisor Study Reveals 77% of Travelers More Likely to Book When Business Owners Respond to Reviews

89% of Travelers Said a Thoughtful Response to a Negative Review Improved Their Impression of a Business, Showing the Effectiveness of Owners Responding to All Types of Reviews

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