the source for hotel and hospitality trends
These totals represent sales generated by U.S. travel agencies* and processed through the ARC settlement system. Data figures are for the seven days ending August 1, 2021
America's economic Leading Analytic, eLA™, “rose 0.4 percent in July, a fifteenth monthly increase in a row for what's next in the economy,” said Professor Evangelos Otto Simos, editor-in-chief, in comments made in the latest issue of the United States Leading Indicators Digest™.
After the opening of tourism in mid May 2021, the tourism industry slowly commenced its recovery. International arrivals at Greece’s main airports in June 2021 did not exceed a level of 35% of 2019. This is in line with our room night trend analysis, which shows that Greek hotels reached a level of 38% in June 2021 compared to June 2019: 43% in Athens & Thessaloniki, 35% at resort hotels.
Is the talent shortage hitting hardest at the unit or corporate level? Hospitality executives across functions – sales, marketing, revenue, digital, and assets – says it’s a little bit of both. Or in some cases, a lot.
For the week ending 24 July 2021, absolute revenue per available room (RevPAR) broke the US$100 barrier for the first time since October 2019. At US$101, in fact, RevPAR was at its highest level since the week of 27 July 2019.
The ALIS Conference came and went this week, bringing Downtown L.A. hotels to life with optimism and hope that normal for the hotel industry is coming in the not-too-distant future. Here are some collective takeaways from our team that was in attendance.
Latin America’s popular leisure markets, especially beach destinations, have continued to post hotel occupancy levels above 40%, according to data from STR through 25 July.
Gross operating profit for U.S. hotels improved to 84% of the comparable 2019 level, according to STR‘s June 2021 monthly P&L data release. Labor costs also rose from the previous month and in comparison with 2019.
The Hospitality Sales and Marketing Association International (HSMAI) and TrustYou present Do You Know Your Guests?, a new white paper that discusses how the pandemic changed guest behavior, including how they travel and what they expect from hotels; best practices for responding to guest feedback; and how automated solutions can help.
Ni hao? Namasté! Mingalabar! Kamusta! Hola! Ciao! Hospitality is everything about making someone feel welcome and nothing does that better than greeting them in their own language. Not only does it immediately put one at ease, it goes beyond the whistles and bells of gorgeous interior decor and fancy fittings. It is the very fundamental spirit and soul of what hospitality is all about. An audacious claim?