NYE Travelers Continue Last Year's Trend of Flocking to Sunny Places
Hotwire Reveals the Top Ten Most Popular Destinations to Welcome 2014
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U.S. scheduled passenger airlines reported a net profit of $3.2 billion in the third quarter of 2013, an increase from a profit of $1.4 billion in the third quarter of 2012, the U.S. Department of Transportations Bureau of Transportation Statistics (BTS) reported today in a release of preliminary data.
In 2009 the average hotel participating in PKF Hospitality Researchs (PKF-HR) Trends® in the Hotel Industry survey suffered a staggering 35.4 percent decline in net operating income (NOI). This is the greatest annual decline in profits recorded by PKF-HR in the 77 years the firm has been tracking the performance of U.S. hotels.
Hospitality marketing has always revolved around communicating the core offering of a hotel the tangible products of accommodation and nourishment, wrapped up in the intangibles of excellent service - to convey an experience that entices and delights, be it a luxury offering or a value driven one.
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