Hotel Industry Trends

The 2019-20 School Break Report from STR shows notable shifts in school calendar dates and subsequent periods of high hotel leisure demand, with weather and variability across school districts playing a role in peak family vacation periods. continue reading →

Exports generated by international tourism reached USD 1.7 trillion in 2018, a 4% increase in real terms over the previous year, a new report from the World Tourism Organization (UNWTO) shows. For the seventh year in a row, tourism exports grew faster than merchandise exports (+3%), reflecting solid demand for international travel in a generally robust economic environment. continue reading →

Downtown Denver’s newly developing RiNo District/Neighborhood is positioning itself as the next great opportunity in the Denver area. With all the commercial and entertainment related development recently completed, or anticipated to be completed in the near-to-mid-term, the opportunity for successful hotel development to follow is considerable. continue reading →

Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent. Employment continued to trend up in professional and business services and in health care. continue reading →

Despite global slowdown concerns and political tension between leading economies, travel sentiment towards Europe proves upbeat for the summer period in both China and Brazil. According to the latest results of the Long-Haul Travel Barometer, the travel sentiment index in both markets improved by four points over the same period last year. continue reading →

'The statistics are beyond concerning, and it's why I pushed for this necessary action to be undertaken by the City,' Miami Beach commissioner Kristen Rosen Gonzalez said in a news release. continue reading →

Revenue per available room up 1.5 Percent to CAD136.30 continue reading →

It’s important to acknowledge that incidents of violence are a concern in an industry that serves so many in the general public. The best course of action is for hotel owners and managers to take a proactive approach to preventing violence by having a plan in place so security and law enforcement can respond quickly and effectively if a crime does happen at a hotel. continue reading →

London hotel occupancy dipped 0.6% to 82%, according to preliminary May data from STR. ADR, however rose 1.6% to £147.76 ($188.23), which drove RevPAR up 1% to £121.17 ($154.36). continue reading →

Mixed use developments are becoming more and more prevalent today which reflects a shift in the market to have built environments which cater for multiple uses. In the hotel context, it is becoming a popular alternative to the traditional single use accommodation model. continue reading →