Hotel Industry Trends

Total nonfarm payroll employment increased by 201,000 in August, and the unemployment rate was unchanged at 3.9 percent. Job gains occurred in professional and business services, health care, wholesale trade, transportation and warehousing, and mining. continue reading →

The variation in reputation across brands is larger than the variation across chain scales - Online reputation is mainly a function of brand and sub brand rather than segment or hotel location continue reading →

Blockchain applications could disrupt how the world manages environmental resources, helping to drive sustainable growth and value creation continue reading →

For growing numbers of today’s high-end travelers, holidays are less about sipping cocktails on sandy beaches and more about opting for new experiences they can’t get at home. continue reading →

Average daily rate increases 2.3 Percent to US$130.71 continue reading →

China's Online Hotel Reservation Industry Maintain Fast Growth, with MAU Reaching 91.09 million in Q2 2018, 20.1% Up from Q1 2018 - The Post-80s and Post-90s Generation Become the Critical Driving Forces for Domestic Accommodation Bookings, So Meeting Their Demands are the Key - Among Major Platforms, Meituan Hotels Ranked No.1 by Room Nights in Q2 2018, Followed by Traditional OTA Ctrip continue reading →

The report is based on hotel market performance statistics provided by STR with analysis by Horwath HTL. This report examines the performance of hotels in India in H1 2018. continue reading →

Revenue per available room down 0.7 Percent to CAD117.94 continue reading →

Preliminary August data from STR shows London hotels saw a 5.6% occupancy increase to 86.8%, a 2.5% ADR increase to £145.45 ($189.23) and a 8.2% RevPAR increase to £126.29 ($164.30). continue reading →

Job openings reached a new series high of 6.9 million on the last business day of July. Over the month, hires and separations were little changed at 5.7 million and 5.5 million, respectively. continue reading →