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Now available for viewing and download, the Q2 2019 Whitepaper Edition: The Hotel Digital Marketers Whitepaper, covers current trends and industry insights hoteliers should be paying attention to in order to have a strong digital presence.
Maintaining growth in 2019 will be more difficult than 2018, however, the majority of destinations are currently reporting growth. The vacation rental market accounts for around 60% of available bed spaces across Europe.
At the end of the first quarter of 2019, analysts at Lodging Econometrics (LE) reported that the total U.S. construction pipeline continued to expand with 5,647 projects/687,941 rooms, up a strong 7% by projects and 8% by rooms year-over-year (YOY).
The absolute occupancy and RevPAR levels would be the lowest for an April in Melbourne since 2013. STR analysts partially attribute the decrease in performance to Easter (21 April) and Anzac Day (25 April) occurring during the same week, which caused a decrease in travel.
CBRE Hotels forecasts that the new supply of hotel product will increase by 2.0% in 2019, marking the highest single year of supply growth in the Canadian hotel market since the financial crisis of 2008.
Preparing for a galaxy far away at the happiest place on earth, hotels owners are looking toward an optimistic future given the record attendance levels at both theme parks and a strong historical precedent for the positive impact of new attractions.
A study released today by SiteMinder highlights the ever-growing appeal of Mexico as one of the worlds 10 most-visited countries.
Whether theyre hosting a conference for 300 out-of-town guests or an away-day for a 30-strong team from a local company, hotel meeting and event spaces are in high-demand.
Year to date through the first four months of 2019, the Hotel Stock Index is up 20.1%.