Business Dining Is a Bright Spot in Overall Dining Sales
Insights Reveal Business Dining Trends that Restaurants Can Leverage To Drive Revenue
Nearly two-thirds of private companies surveyed are optimistic about the U.S. economy - Nearly half voice a willingness to assume new business risks in pursuit of growth - Over one-third expect to make major new capital expenditures over the next year
Lower gas prices and improved personal finances are prompting more Southern Californians to travel this Thanksgiving, according to the Automobile Club of Southern California, which is predicting 3.5 million local residents and 5.65 million statewide will take a holiday getaway. That's a 3.8 percent increase from last year.
Compared with October 2013, the Americas region reported a 5.0-percent increase in occupancy to 67.7 percent, a 4.1-percent increase in average daily rate to US$119.50 and a 9.3-percent increase in revenue per available room to US$80.91
In this year's U.S. Thanksgiving installment, we look at ten things that destination marketing professionals are thankful for. Whether CVB, NTO, STO or tourism board, I hope we can all agree that we're lucky to be in our line of work