Hospitality Trends

The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that U.S. airlines carried 52.5 million scheduled systemwide passengers in February 2013, 1.2 percent less than in February 2012.

The U.S. Department of Transportation’s Bureau of Transportation Statistics (BTS) reported today that U.S. airlines carried 52.5 million scheduled systemwide passengers in February 2013, 1.2 percent less than in February 2012.

AAA Travel projects 34.8 million Americans will journey 50 miles or more from home during the Memorial Day holiday weekend, a 0.9 percent decrease from the 35.1 million people who traveled last year.

+8.8% Increase Over April 2012 is Highest Year-over-year Increase Since August 2011

On the cusp of the summer travel season, AdGooroo has taken a look at the state of paid search in the travel sector in the U.S. The company has found that, on the whole, paid search expenditures have been trending down since 2011. Spend fell 19% from January through April of this year compared to last year. That follows an 11% drop during the same period from 2012 to 2011. The downward trends hold through the summer months.

I recently finished reading Heads in Beds by Jacob Tomsky. To be clear: I am not writing a standard book review. A book is going to have a different impact on every reader. I’d rather tell you what what the book meant to me, and to the hotel industry.

This publication focuses on the market of wellness resorts of Sochi, Russia. In light of heightened media attention to Sochi, we examine the market evolution caused by the recent social & economic changes and development opportunities in the market.

Unlike the ADR growth at the end of 2012, 2013 is showing all growth coming from occupancy, which increased modestly 1.6 percent to 60.4 percent.

In April, the Asia/Pacific region’s occupancy ended the month with a 0.5-percent decrease to 68.6 percent, its average daily rate dropped 2.3 percent to US$127.20 and its revenue per available room was down 2.8 percent to US$87.22.

21% of respondents who are planning to take a summer travel vacation this year are setting aside a larger budget for their travel plans than last year, while 52% expect to spend about the same amount.