Market Reports

Solid Gains for US Hoteliers in November in an Uncertain Future National Business Climate

Book hotel key in place of enter key on keyboard
Solid Gains for US Hoteliers in November in an Uncertain Future National Business Climate's economy-wide Leading Analytic (eLA)™, a composite indicator of seven forward-looking predictive analytics, declined in November for a second month in a row. The earlier bird of news to follow - released one to two months ahead of the traditional leading indicators - predicts historically national economic conditions five to six months ahead of the release of US monthly GDP™.  

Graph - Hotel Industry's Pulse (HIP) - November 2018At the industry level, US hoteliers enjoyed solid gains in the just-ended month of November, according to the published December issue of the Hotel Industry Pulse (HIP) Digest™. US HIP, which "...gauges monthly overall business conditions for hotels earlier than any industry indicator, climbed by 0.4% in November after an increase of 0.4% in October...", said Evangelos Simos, editor-in-chief of the Digest series and professor at the University of New Hampshire.                                                                   

All demand and supply analytics of current business activity that make up Hotel Industry Pulse (HIP) had a positive contribution to its change in November: Hotel Jobs, Real Hotel Revenues and Hotel Capacity.

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