the source for hotel and hospitality trends
Seen as one of the most robust economies in Western Africa, Senegal is also a model of stability in the sub-region. Tourism has proved to be one of the most important elements of the country’s economy, representing almost 10 % of Senegal’s GDP.
e-forecasting.com's reported today that Americans confidence on the economy rose again in December.
U.S. airlines’ carried an estimated 74.1 million systemwide (domestic and international) scheduled service passengers, seasonally-adjusted, in November 2018, virtually unchanged from the October estimate, according to a Bureau of Transportation Statistics’ (BTS) first estimate.
AAA forecasts that more than one-third of Americans will travel this holiday season. The record-breaking 112.5 million travelers taking to the nation's runways, roads and rails for the year-end holidays represents a 4.4 percent increase over last year and the most since AAA has been tracking holiday travel.
As of YTD 2018, hotel transaction volume in the United States reached $29.7 billion, more than a 25 percent year-over-year increase, with private equity groups representing 37 percent of hotel acquisitions in the United States, or $11 billion.
What are the commonalities behind the great images that can make or break your property?
During the week of 2-8 December, U.S. hotel occupancy dipped 0.8% to 60.4%, ADR rose 1.3% to $126.45 and RevPAR increased 0.5% to $76.38.
During the week of 2-8 December, the Canadian hotel industry experienced a 3% occupancy increase to 61.2%, a 3.3% ADR increase to 145.89 Canadian dollars ($109.08) and a 6.4% RevPAR increase to CA$89.24 ($66.72).
Smart speakers, already a rapidly growing market in English-speaking countries, are poised to invade the non-English-speaking world in 2019 and beyond – setting the stage, in the long term, for making computing accessible to all.
The National Restaurant Association new What's Hot survey looks at some of the beverage trends restaurateurs and bartenders are going to tap into in the coming year