the source for hotel and hospitality trends
As one of the world’s most visited cities, London doesn’t just need a plentiful supply of hotel rooms. It also needs them to meet the needs and expectations of an ever-widening group of business and leisure travelers.
In October, U.S. hotels saw occupancy increase 0.8% year over year to 69.9%, while ADR rose 2.7% to $133.81 and RevPAR increased 3.5% to $93.55.
Analysts at Lodging Econometrics (LE) report that in the third quarter of 2018 the total construction pipeline in Canada stands at 247 projects/29,954 rooms. Construction pipeline projects are at a cyclical high with an increase of 19 projects year-over-year (YOY).
U.S. scheduled passenger airlines employed 2.7 percent more workers in September 2018 than in September 2017
New pipeline project counts are up 8% while room counts show a 15% increase year-over-year (YOY) when the pipeline stood at 572 projects/156,420 rooms.
Nearly 70 percent of travel buyers say that enforcing policy compliance is among the most challenging aspects of their job, according to new research out today from the Global Business Travel Association (GBTA) in partnership with RoomIt by CWT. While travelers may book out-of-policy for preferred properties or amenities, there is also a large gap in traveler knowledge of company policy.
The importance of having a blog on your hotel website can’t be stressed enough. In addition to serving as a platform to share informational and inspirational content to past, current, and future guests, blogs can enhance your inbound marketing efforts – driving traffic to your hotel website and attracting even more prospective guests.
For the past four years the opening of dual-branded properties has been very popular among hotel developers. The perceived benefits of building a property with two or more brands are many, including – Efficiencies in the construction of the facility (ex. one laundry room for two hotels) – Efficiencies in the operation of the hotels (ex. shared staffing) etc.
U.S. airlines carried an estimated 75.3 million systemwide (domestic and international) scheduled service passengers, seasonally-adjusted, in October 2018, up 0.1 percent from the September estimate, according to a Bureau of Transportation Statistics’ (BTS) first estimate.
Practical guide on best practices for leveraging BI in hospitality now available for complimentary access