HVS Report – Many Hotel Sellers Won Big in 2018 – By Rodney G. Clough
On average, hotel prices increased significantly in 2018, as a strong pool of buyers with favorable outlooks kept downward pressure on cap rates.
Study Reveals One of the Biggest Barriers to Internet Adoption is Not Technology, but Language
Booking Holdings Releases New Study on 'The Next Billion' People Who Will Gain Access to the Internet
Positive YOY Performance for US Hotel Industry for December 2018
In December, the U.S. hotel industry reported occupancy was mostly flat (+0.1% to 54.1%), but a 1.8% ADR increase to $124.28 pushed RevPAR up 1.9% to $67.20.
U.S. Hotels Post Record Year In 2018
In 2018, the U.S. hotel industry saw occupancy increase 0.5% to 66.2%, according to STR, while ADR rose 2.4% to $129.83 and RevPAR increased 2.9% to $85.96.
JLL Real Views – Australian Luxury Hotels Up Their Game for Chinese Tourists
With the Chinese now accounting for Australia’s largest group of tourists, hotels are going the extra yard to make their visitors feel welcome.
Key Takeaways from the 2019 Guide to Hotel PMS
The 2019 Smart Decision Guide to Hotel Property Management Systems is hot of the press. Here are just a few key takeaways for hoteliers to keep in mind this year in their incessant quest to improve business operations, the guest experience, and financial performance.
Your Top 10 Digital Marketing New Year’s Resolutions for 2019 – By Kerryn Gower
After saying goodbye to 2018, we’re starting the new year with fresh priorities and goals. January is a great time for hoteliers to reflect on last year’s strategies and analyze results in order to create a blueprint for a successful new year. Determining your hotel’s most successful digital marketing initiatives is the first step to executing a strong plan that will achieve greater results this year than last year.
HVS Report – Hotel Cap Rates Hold Steady – Values Under Pressure – By Suzanne Mellen
This article looks at hotel sales and capitalization rate trends, the impact of slowing RevPAR growth on hotel values, and the outlook for 2019.
Hospitality Social Media Marketing News – January 17, 2019 Issue
Happy 2019, everyone! As we move into the new year, it’s time to take a look at our social media strategies to assess what’s working and how we can better connect with our guests. This includes assessing all the new social media that impact hotels and resorts, so take a look at everything that’s happened over the holiday break so you can get your campaigns up to speed.
U.S. Travel Agency Air Ticket Sales Soar 7.1 Percent in 2018
ARC Finds Average Ticket Price Remains Virtually Same as 2017