Restaurant Trends – Growing And Emerging Concepts – Change and Activity January 22, 2020
Update from Restaurantdata.com on growing and emerging restaurant concepts
Hotels in the Central/South America Region Report 9.3 Percent RevPAR Increase for 2019
Hotels in Central and South America saw hotel occupancy increase 1.2% to 58.8% in 2019 as ADR rose 8% to $96.25 and RevPAR increased 9.3% to $56.55.
Hotels in the Middle East Report Mixed Results for 2019
Middle East hotel RevPAR declined 5.1% to $95.09 in 2019, but in Africa, hotel RevPAR rose 2.6% to $67.01 for the year.
Positive YOY Results for US Hotel Industry for Week Ending January 18th – 2020
During the week of 12-18 January, U.S. hotel occupancy rose 1.1% to $58.9%, ADR increased 5.2% to $130.99 and RevPAR rose 6.4% to $77.16.
Canadian Hotels Report Negative YOY Results for Week Ending 18 January 2020
Canadian hotel occupancy fell 3.7% to 52.4% during the week of 12-18 January as ADR dipped 0.1% to 146.51 Canadian dollars ($111.30) and RevPAR decreased 3.8% to CA$76.74 ($58.30).
Q3 2019 U.S. Airline Traffic Data
U.S. domestic air fares in the third quarter of 2019 of $345 were the lowest on record, inflation adjusted, based on Bureau of Transportation Statistics (BTS) records dating from 1995. The third-quarter 2019 fares were down 1.2% from the previous low of $349 in the third quarter of 2018.
National Plan for Vacation Day: The Antidote to ‘Vacation Deprivation’
U.S. Travel’s Vacation Planning Tool Helps People Get the Most from Their Earned Time Off
CEO Pessimism over Global Growth Reaches Record High
In every region across the world, CEOs predict slower economic growth
November 2019 U.S. Passenger Airline Employment Data
The 21 U.S. scheduled passenger airlines employed 2.9% more workers in November 2019 than in November 2018
Asia Pacific Airlines Traffic Results November 2019
Passenger markets registered growth, whilst cargo demand remained in decline