Hospitality Trends
September, 24 2019
 
 
 
Managing RevPAR For Profits
 
Managing RevPAR For Profits - By Robert Mandelbaum and Bram Gallagher Ph.D.
 
In recent years, the role of the revenue manager has expanded. Revenue managers are now charged not to just maximize revenue, but profits as well. With the aid of multiple data sources, sophisticated models, and article intelligence, revenue managers have mastered the science of maximizing revenue. However, they are still learning to master the maximization of profits. Read More
 
U.S. Airline Industry Performance
Second Quarter 2019 U.S. Airline Financial Data
Second Quarter 2019 U.S. Airline Financial Data
 
U.S. scheduled passenger airlines reported a second-quarter 2019 after-tax net profit of $4.8 billion, the 25th consecutive quarterly after-tax profit, and a pre-tax operating profit of $6.9 billion, the 33rd consecutive quarterly pre-tax profit. Read more
 
Global Airline Passenger Traffic Trends
ACI World Airport Traffic Report Shows Global Airline Passenger Growth Resilience Despite Global Uncertainty
ACI World Airport Traffic Report Shows Global Airline Passenger Growth Resilience Despite Global Uncertainty
 
Traffic in emerging markets growing faster than advanced economies Read more
 
The Mobile Experience Guests Want
Today’s Guests Have An Appetite For Mobile and They’re Willing to Pay For It - By Nicole Dehler, Vice President of Product Management StayNTouch, A Shiji Group Brand
 
One of the top priorities for hoteliers, according to a recent travel trends report, is a renewed focus on the 'battle for the Phono-sapien.' This term was first coined by The Economist to describe the next stage of human evolution, to a mobile-first consumer who looks at their phone every 12 minutes and checks it within five minutes of waking up. Read more
 
U.S. Airline Traffic Data
August 2019 U.S. Airline Traffic Data
August 2019 U.S. Airline Traffic Data
 
U.S. airlines carried an estimated 78.2 million systemwide (domestic and international) scheduled service passengers in August 2019, seasonally-adjusted, according to the Bureau of Transportation Statistics’ (BTS) first estimate, up 0.3% from the July second estimate. Read more
 
Global CRM Study
Global CRM Study Preview: The Top Challenges when It Comes to CRM - By Nicki Graham
 
This is the first article in a preview series of H2C’s Global CRM Study, a collaborative report that leverages interviews and a global survey to explore the current state of CRM in the hospitality industry. Read more
 
Hotel Pipeline Africa
Accor, Marriott Lead Africa Hotel Industry Expansion
Protea Hotel by Marriott Pretoria Loftus Park
 
Accor’s portfolio covered 24,512 rooms as of 31 July 2019, while Marriott accounted for 24,508 rooms. The companies also lead the development pipeline with 19,745 and 15,219 rooms under contract, respectively. Under contract covers the in construction, final planning and planning phases of the pipeline. Read more
 
Micro Hotels
HVS Report - The Growth of Micro Hotels in North America - By Sirinthorn Ramchandani
The Growth of Micro Hotels in North America
 
This article provides insight into the unique design of micro hotels, where demand is growing, and why these properties are a favourable investment to meet the growing demand of millennial travellers. Read more
 
U.S. Air Travel Consumer Report
U.S. Air Travel Consumer Report: July 2019 Numbers
 
In July 2019, reporting marketing carriers posted an on-time arrival rate of 76.9%, up from both the 73.3% on-time rate in June 2019 and from 76.0% in July 2018. Read more
 
Hospitality Social Media News
Hospitality Social Media Marketing News - September 19, 2019 Issue
Hospitality Social Media Marketing News - September 19, 2019 Issue
 
As we all start the month of September off strong, it’s important to remember that keeping up with all the new social media updates will help us keep the momentum going. And this month, we definitely got some big updates. Let’s take a look at all the new changes that impact hotels and resorts and what they mean for businesses in the hospitality industry. Read more
 
Market Report U.S.
August Flash U.S. Monthly GDP Visualizes Recession Probability at 11.3%
 
e-forecasting.com's U.S. monthly-GDP ™, rose in August by an annualized month-to-month growth rate of 0.6% to $19,084 billion of chained 2012 dollars expressed at seasonally adjusted annual rates, following an increase of 1.2% in July. Read more
 
Understanding The Boom Travel Boom
Bracing for the Boom: Are Hoteliers Missing Out on the Most Profitable Guests? - By Alan E. Young
Bracing for the Boom: Are Hoteliers Missing Out on the Most Profitable Guests?
 
Over the past few years, millennials (individuals born between 1982 and 2000) have received special attention, as leaders across industries speak to their growing presence, impressive buying power, and unique buying behaviors. However, while millennials may be the future, the decision to turn our sights away from the baby boom generation would be irrevocably ill-advised. Read more
 

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In Brief...
 

U.S. Air Ticket Sales Trends
Travel Agency U.S. Air Ticket Sales Up 3% YTD Through August Vs. 2018

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

Restaurant Trends
Restaurant Trends - Growing And Emerging Concepts - Change and Activity Septmber 5, 2019

Fake Reviews
TripAdvisor Releases Data Detailing Fake Review Volumes

Market Report U.S.
Hurricane Dorian Takes Its Toll on Florida Hotel Demand

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

Market Report Canada
Canadian Hotel Industry Reports Mixed YOY Resuts for Week Ending 14 September 2019

Market Report U.S.
Mostly Positive YOY Results for US Hotel Industry for Week Ending September 14th - 2019

Annual World Airport Traffic Report
World's Top Five Fastest Growing Airports for Passengers and Cargo Revealed

Market Report U.S.
HVS Report - Taking the Pulse of the Largest U.S. Hotel Markets - By Rodney G. Clough

 
 
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