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Thinking Outside The Food Court

JLL Real Views - America’s Malls Court Customers Through Food

A bite of locally sourced salmon carpaccio at a cozy bistro, after snowboarding on the world’s largest indoor ski slope. A craft cocktail reservation booked by a concierge, before browsing the racks at Gucci. A sip of wine at an open-air Italian market tied to a celebrity chef, during special hours set aside for VIP guests.

JLL  |  May, 22 2018
The Integrated Revenue Generation Team

Coming Soon to Your Hotel: The Integrated Revenue Generation Team - By Max Starkov and Scott Dahl

The hospitality industry is enjoying its longest expansion and healthiest growth in decades, yet there are some troubling trends beginning to surface that threaten profitability and overall performance. One of these trends is that net room revenue - i.e., revenue that remains with the hotel after accounting for distribution costs (OTA commissions, traditional agency commissions, and other distribution expenses)—has been declining steadily over the past several years.

HeBS digital  |  May, 21 2018
Market Report Munich

Munich Hotels Report Overall Performance Growth for April 2018

According to preliminary April data from STR, hotels in Munich reported occupancy rose 2% to 73.1% during the month, while ADR increased 12.9% to €119.50 ($143.23) and RevPAR rose 15.1% to €87.30 ($104.64).

STR  |  May, 21 2018
Market Report U.S.

Positive YOY Results for US Hotel Industry for April 2018

In April, the U.S. hotel industry reported occupancy rose 0.9% year over year to 67.9%. ADR increased 3.3% to $130.33, which drove RevPAR up 4.2% to $88.54.

STR  |  May, 21 2018
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The 2018 Smart Decision Guide To Hospitality Revenue Management

Advanced Revenue Management Changes Everything

The steady climb in hotel occupancy rates and record-breaking RevPAR growth continues, albeit at a slower rate, even despite the emergence of some very real challenges to the hotel industry. These include the onerous commission structures imposed by online travel agencies (OTAs) and the effect of Airbnb and smaller online marketplaces operating in the so-called sharing economy.

Starfleet Research  |  May, 18 2018
Middle East Outbound Real Estate Flows

Overseas Real Estate Transactions from Middle East to Pick Up Together With Increasing Oil Prices

With oil prices above $70 per barrel for the first time since 2014, overseas real estate transaction volumes by Middle Eastern buyers are set to pick up, reflecting adjustment in investors' strategies, according to a new report by JLL titled 2018 Top Themes Driving Middle East Outbound Real Estate Flows in 2018.

JLL  |  May, 17 2018
U.S. Airline Employment Trends

March 2018 Passenger Airline Employment Data

The highest monthly full-time equivalent (FTE) employment total (434,243 FTEs) since December 2004 (436,909 FTEs).

Bureau of Transportation Statistics  |  May, 17 2018
Travel Trends For Millennials

U.S. Millennials Most Likely to Take & Spend More on Vacations This Year, Next

The 2018 Travelport U.S. Vacation Survey of approximately 1500 U.S. residents reveals Millennials (ages 18-34 years old) are most likely to spend more on their upcoming vacations than other age groups, with one out of three Millennials willing to spend $5000 or more on their vacations.

Travelport  |  May, 17 2018
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