Hospitality Trends
August, 21 2019
 
 
 
Revenue Management in Restaurants
 
Implementing Revenue Management in Your Restaurants: A Case Study with Fairmont Raffles Hotels International (PDF Download)
 
In 2015, Fairmont Raffles Hotels International implemented a system-wide revenue management program in its restaurants. Starting with an analysis of baseline data, Fairmont applied a five-step revenue management process to highlight potential revenue-enhancement opportunities. Read More
 
Construction Pipeline Central/South America
Central/South America Hotel Construction Down 7.1% for July 2019
Central/South America Hotel Construction Down 7.1% for July 2019
 
The Central/South America region reported 21,937 rooms in construction as of July 2019, which is a 7.1% year-over-year decrease. Read more
 
U.S. Airline Traffic Data
July 2019 U.S. Airline Traffic Data
July 2019 U.S. Airline Traffic Data
 
U.S. airlines carried an all-time high estimated 77.9 million systemwide (domestic and international) scheduled service passengers in July 2019, seasonally-adjusted, more than in any other month, according to the Bureau of Transportation Statistics’ (BTS) first estimate. Read more
 
U.S. Air Travel Consumer Report
Air Travel Consumer Report: June 2019 and 2nd Quarter 2019 Numbers
 
In June 2019, reporting marketing carriers posted an on-time arrival rate of 73.3%, down from both the 77.9% on-time rate in May 2019 and from 76.4% in June 2018. Read more
 
U.S. Air Ticket Sales Trends
U.S. Travel Agency Air Ticket Sales Soar 4% to $8 Billion in July 2019 Vs. 2018
U.S. Travel Agency Air Ticket Sales Soar 4% to $8 Billion in July 2019 Vs. 2018
 
ARC Finds More Than 3% Increase in Both International and Domestic Trips Read more
 
Solo Travel Report
One-Third of Americans Would Choose a Solo Trip with Only Their Phone Instead of Taking a Travel Companion
Solo Travel Report
 
From choosing the perfect destination to tips for mastering your solo itinerary, travel experts from Expedia are revealing all the insights from their newest report Read more
 
Canadian Hotel Transaction Trends
Colliers International Hotel INNvestment Canada Report Q2 2019 (PDF Download)
Colliers International Hotel INNvestment Canada Report Q2 2019
 
Approximately $830 million of hotels transacted across the country in the first half of the year, pacing 4% above comparable levels in 2018 ($800 million). Download the Mid-Year Transaction Report which includes an analysis of year-to-date trading activity. Read more
 
Business Travel Trends
CWT Research Reveals Business Travelers Are More Health-Conscious During Trips
CWT Research Reveals Business Travelers Are More Health-Conscious During Trips
 
38% eat healthier, 26% work out more, and only 7% do not maintain their wellness regimes Read more
 
Americans Don't Take Their Vacations
Study: A Record 768 Million U.S. Vacation Days Went Unused in ‘18, Opportunity Cost in the Billions
A Record 768 Million U.S. Vacation Days Went Unused in '18
 
American workers left a record number of vacation days on the table last year - 768 million days, up 9% from 2017 - according to new research from the U.S. Travel Association, Oxford Economics and Ipsos. Read more
 
Hospitality Financial Leadership
Top 10 Hotel Budget Review Tips - By David Lund
Top 10 Hotel Budget Review Tips
 
You see, the game of budgets in most hotel companies where the corporate or regional master needs to approve the plan before it is presented to the owner, is a game of under promise now and hopefully over deliver next year. Some people I know call this the practice of sandbagging. It is not mean or deceitful, rather it is a game. If you are asleep at the switch when you are doing the review, well, that is your problem. Read more
 
Webinar - Hotel Website Personalization
Watch Now: Content Personalization 2.0 On-Demand Webinar
Watch Now: Content Personalization 2.0 On-Demand Webinar
 
Providing one experience to fits all website visitors is no longer an option. With up to 98% of customers abandoning hotel websites without booking, the majority of data hoteliers can action lives within the 2% of guests who decide to book. Read more
 
Market Report U.S.
July U.S. Monthly GDP Visualizes Recession Probability at 10.7%
 
e-forecasting.com's U.S. monthly-GDP ™, rose in July by an annualized month-to-month growth rate of 0.3% to $19,059 billion of chained 2012 dollars expressed at seasonally adjusted annual rates, following an increase of 1.6% in June. Read more
 
Global Content Marketing
‘Linguistic-fying’ Your Bot to Chat Responsively with Multilingual Audiences
‘Linguistic-fying’ Your Bot to Chat Responsively with Multilingual Audiences
 
Chatbots - love them or hate them... they’re here to stay. With today’s techy-influence customers wanting fast and prompt answers, businesses have to respond fast too, or lose a potential deal to a competitor. Hoteliers, tourism and hospitality establishments are introducing online Chatbots to help increase the level of efficiency for interacting with customers. Call it your virtual messenger, customer assistant or a front desk avatar. Read more
 

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In Brief...
 

Hotel Construction Pipeline Latin America
The Latin America Hotel Construction Pipeline Continues to Decline from Its 2016 Peak

Labor Day Travel
Airlines for America Projects Record 17.5 Million Passengers Over Labor Day Travel Period

U.S. Airline Employment Trends
June 2019 U.S. Passenger Airline Employment Data

Interest Expenditures
U.S. Hotel Interest Coverage - By Robert Mandelbaum and John B. Corgel, Ph.D.

Restaurant Trends
Restaurant Trends - Growing And Emerging Concepts - Change and Activity August 20, 2019

Market Report U.S.
Positive YOY Performance for US Hotel Industry for July 2019

Crisis Management
Why It’s Critical to Integrate Legionella into Crisis Management Programs - By Paul Frederick

 
 
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