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The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 3.5% in October 2019, compared to the same period in 2018. This marks a weak start to the traditional peak season for air cargo and the twelfth consecutive month of year-on-year declines in freight volumes. continue reading →

Today, everyone is talking about the term coworking. The business is thriving, different styles and forms are developing. New players are entering the market. At the same time, more and more synergies and complements are being recognized between coworking and hospitality. continue reading →

In 'It's a Wellness World: The Global Shift Shaking up Our Business', Accor's Emlyn Brown explains how exceptional wellness experiences are good for guests, business and the hospitality industry continue reading →

The Q3 Outlook projects a challenging U.S. group business market over the next two years, particularly in late 2020 and Q1 of 2021. Hoteliers can draw on these findings as they adjust their group sales and marketing strategies to attract business during a potential slowdown. continue reading →

Industry Hosts 12.68 Million U.S. Passengers in the Last Year & Generates 421,711 Jobs Domestically continue reading →

To assess how a change in the federal government per diem rates impact a lodging market, CBRE Hotels Research (CBRE) studied the Cobb County, Georgia market. Cobb County was chosen because in August of 2018 the GSA announced that it had designated Cobb County as new Non-Standard Area (NSA). In turn, the government per diem rate for Cobb Country dropped significantly for fiscal year 2019 which began in October 1, 2018. continue reading →

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), decreased by 4.5% in September 2019, compared to the same period in 2018. This marks the eleventh consecutive month of year-on-year decline in freight volumes, the longest period since the global financial crisis in 2008. continue reading →

Tourist arrivals to the Caribbean increased by a solid 9.7 per cent during the first half of 2019, when compared to the same period last year, the Caribbean Tourism Organization (CTO) revealed today. continue reading →

This publication provides an overview of current and historical trends in the federal lodging per diem, with a focus on the per diem rates for the top hotel lodging markets, as defined by STR. continue reading →

The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), contracted by 3.9% in August 2019, compared to the same period in 2018. This marks the tenth consecutive month of year-on-year decline in freight volumes, the longest period since the global financial crisis in 2008. continue reading →