IATA announced global passenger traffic results for October showing that demand rose 6.3% compared to the same month last year.
Parts of California affected by wildfires saw significant increases in hotel demand, according to an analysis by STR's Consulting & Analytics division
Total nonfarm payroll employment increased by 155,000 in November, and the unemployment rate remained unchanged at 3.7 percent. Job gains occurred in health care, in manufacturing, and in transportation and warehousing.
The following is adapted from The 2019 Smart Decision Guide to Hotel Property Management Systems, which is now available for complimentary access.