Hotel News Resource - Trends News Trends Hotel Industry News EN Hotel News Resource - Trends News Ten Years Later: Has The U.S. Lodging Industry Really Recovered? - By Robert Mandelbaum and Keval Rama Hotel Trends CBRE Lodging is a cyclical industry meaning that it passes over time through four distinct phases: peak, contraction, trough and expansion. Most industry participants believe that 2007 was the previous peak of the current business cycle following six years of expansion from the 2001 industry recession. Thu, 20 Sep 2018 13:11:59 EST U.S. Hotel Industry's Pulse (HIP) Index Rose in July Hotel Trends Business activity for US hoteliers rose to a reading of 120.8 in July according to today's release of the Hotel Industry's Pulse (HIP) indicator. Thu, 20 Sep 2018 12:52:44 EST The 2018 HVS U.S. Lodging Tax Report - By Thomas Hazinski (PDF Download) Hotel Trends HVS In this 7th annual Lodging Tax Report, HVS explores the current status and historical trends of lodging taxes in the USA. This updated version provides lodging tax rates/collections on all 50 US states and 150 US cities. Thu, 20 Sep 2018 12:46:44 EST Chinese Travelers Increase Travel Spend by 40 Percent Hotel Trends In addition to having more to spend, travelers have increased the amount they spend on travel by 40 per cent this year, compared with last year. The increasingly influential millennials are spending unprecedented amounts on travel, with those born after 1990 increasing their travel spend by 80 per cent this year. Thu, 20 Sep 2018 12:24:25 EST North American Hoteliers Kick Off Second Half of 2018 with Continued Steady Rates and Bookings; Q2 2019 Shows Signs of Softness Hotel Trends TravelCLICK TravelClick today released new data from the Company’s August 2018 North American Hospitality Review (NAHR). Thu, 20 Sep 2018 12:07:07 EST US Hotel Occupancy Down 3.3 Percent to 69.8 Percent - Week Ending September 15th - 2018 Hotel Trends STR RevPAR Declines 3.7 Percent to US$91.47 Thu, 20 Sep 2018 10:17:30 EST Canadian Hotel Occupancy Down 0.7 Percent to 78.5 Percent For Week Ending 15 September 2018 Hotel Trends STR Revenue per available room up 3.6 Percent to CAD139.71 Thu, 20 Sep 2018 10:09:34 EST HSMAI and Cvent Release White Paper on Value of Real-time Data for Group Bookings Hotel Trends HSMAI Group bookings for events are a key part of most hotels’ business, but managing room blocks has long been a cumbersome, time-consuming task. HSMAI and Cvent’s white paper seeks to inform hoteliers about real-time data tools that can result in smarter, more efficient group booking management. Wed, 19 Sep 2018 11:35:27 EST Horwath Market Report - Auckland Hotel Market Outlook - By Wim Ruepert Hotel Trends Horwath HTL Auckland has been one of the region’s best performing hotel markets with RevPAR of the major hotels increasing by 60% over the past five years. Government and tourism agencies have been calling for more hotels to cope with the influx of international visitors. Developers and investors are responding despite increasing construction costs and local government taxes. But is their response proportional to the need? Wed, 19 Sep 2018 11:23:37 EST Global Hotel Rates to Increase 1-3% and Air Fares by 1-2% in Most Markets Hotel Trends HTrends BCD Travel 2019 Industry Forecast Wed, 19 Sep 2018 09:51:22 EST US Hotel Occupancy Up 1.2 Percent to 71.4 Percent for August 2018 Hotel Trends STR Average daily rate increases 2.3 Percent to US$130.71 Wed, 19 Sep 2018 09:46:38 EST JLL Real Views - How African Luxury Tourism Is Heading off the Beaten Track Hotel Trends JLL 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. Tue, 18 Sep 2018 11:25:42 EST Cornell Center for Hospitality Research Study Focuses on Hotel Brand Reputation Analysis Hotel Trends Cornell Center For Hospitality Research 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 Mon, 17 Sep 2018 14:35:05 EST Study Identifies over 65 Ways Blockchain Technology Can Fix Global Environmental Challenges Hotel Trends PwC Blockchain applications could disrupt how the world manages environmental resources, helping to drive sustainable growth and value creation Mon, 17 Sep 2018 14:25:27 EST Strong Demand and Performance Growth for Jeddah Hotels for August 2018 Hotel Trends STR According to preliminary August data from STR, hotels in Jeddah reported occupancy rose 9.7% to 73.4%, ADR increased 9.6% to 1,350.97 Saudi Arabian riyals ($360.26) and RevPAR rose 20.3% to 991.76 riyals ($264.47). Thu, 13 Sep 2018 13:07:37 EST US Hotel Occupancy Down 3.5 Percent to 61.7 Percent - Week Ending September 8th - 2018 Hotel Trends STR RevPAR Declines 2.4 Percent to US$75.25 Thu, 13 Sep 2018 10:42:44 EST Canadian Hotel Occupancy Down 3.4 Percent to 68.5 Percent For Week Ending 8 September 2018 Hotel Trends STR Revenue per available room down 0.7 Percent to CAD117.94 Thu, 13 Sep 2018 10:34:42 EST U.S. Job Openings Hit a New High of 6.9 Million - Hires and Separations Little Changed in July Hotel Trends U.S. Bureau of Labor Statistics 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. Wed, 12 Sep 2018 13:18:25 EST 2019 Food & Dining Trends: From Farm to Table 2.0 to The Vegetarian Factor Hotel Trends BENCHMARK The trends were observed by Benchmark’s executive chefs and culinary experts at the company’s 80 luxury hotels, resorts and restaurants coast to coast, off shore and in Europe. Wed, 12 Sep 2018 13:04:57 EST Hotels in Melbourne Report Lower Occupancy and Higher Rates for August 2018 Hotel Trends STR Melbourne hotels reported occupancy dipped 0.9% to 84% in August, according to preliminary monthly data from STR, while ADR rose 2.2% to 179.89 Australian dollars ($128.17) and lifted RevPAR 1.3% to AU$151.18 ($107.72). Wed, 12 Sep 2018 11:28:57 EST