Hospitality Trends Hotel Industry News EN Hospitality Trends Airlines for America Forecasts Busy Air Travel This Holiday Season Hospitality Travel Trends Airlines for America U.S. Airlines Prepare to Accommodate Nearly 46 Million Passengers over the 18-Day Holiday Travel Period Tue, 11 Dec 2018 12:50:22 EST Hotel Franchise Owners Ask 'What Happened to My Area of Protection?' - By Jim Butler Hospitality Technology Hotel Lawyer on Owners’ concerns with hotel brand franchise agreements - Areas of Protection or Non-competition clauses Tue, 11 Dec 2018 12:32:15 EST Restaurant Trends - Growing And Emerging Concepts - Change and Activity December 11, 2018 Hospitality Food and Beverage Update from on growing and emerging restaurant concepts Tue, 11 Dec 2018 12:15:01 EST Hotels in Melbourne Report Performance Declines for November 2018 Hospitality Market Reports STR According to preliminary November data from STR, hotels in Melbourne saw occupancy drop 3% to 86.6%, ADR dip 0.4% to 201.90 Australian dollars ($145.72) and RevPAR decline 3.3% to AU$174.92 ($126.43). Tue, 11 Dec 2018 10:54:01 EST Hotel Demand Jumps in Areas Affected by California Wildfires Hospitality Market Reports STR Parts of California affected by wildfires saw significant increases in hotel demand, according to an analysis by STR's Consulting & Analytics division Tue, 11 Dec 2018 10:50:04 EST Baird/STR Stock Index Up 1.6% in November Hospitality Financial STR Year to date through the first 11 months of 2018, the stock index fell 9.0%. Tue, 11 Dec 2018 10:43:09 EST Third Quarter 2018 U.S. Airline Financial Data Hospitality Travel Trends Bureau of Transportation Statistics After-tax net income $3.8 billion in 3Q 2018 (22nd consecutive quarterly after-tax net profit) Tue, 11 Dec 2018 08:56:27 EST 4 Ways Hoteliers Can Improve Their Business Intelligence Capabilities Hospitality Technology Starfleet Research Thanks to advanced business intelligence (BI) tools, hotel operators today can spend more time focused on analyzing the data rather than collecting the data. They can get more work done within the same timeframe, and make better, faster decisions along the way. Mon, 10 Dec 2018 15:15:37 EST U.S. Job Openings Little Changed at 7.1 Million; Hires Edge Up in October Hospitality Employment U.S. Bureau of Labor Statistics Job openings were little changed at 7.1 million on the last business day of October. Over the month, hires edged up to 5.9 million nearly matching a series high, while separations were little changed. Mon, 10 Dec 2018 12:29:02 EST London Hotels Report Higher Performance Levels for November 2018 Hospitality Market Reports STR London hotel occupancy rose 2.5% to 85.9% in November, according to preliminary data from STR. ADR rose 3% to £156.94 ($198), which drove RevPAR up 5.6% to £134.85 ($170.13). Mon, 10 Dec 2018 11:05:36 EST Performance Decline for Jeddah Hotels for November 2018 Hospitality Market Reports STR According to preliminary November data from STR, hotels in Jeddah, Saudi Arabia, reported occupancy decreased 4.3% to 43.9%, ADR dropped 10.1% to 624.69 Saudi Arabian riyals ($166.58) and RevPAR fell 14% to 274.35 riyals ($73.16). Mon, 10 Dec 2018 11:02:29 EST Horwath Market Report: Rwanda - By Ronald Ngabo Hospitality Market Reports Horwath HTL Rwanda is no longer a newcomer into the tourism scene – it has paved its own way to becoming a leading eco-tourism and MICE destination, anchored in its vision, values, aspirations and leadership. Now is the time to invest in this country full of opportunities and possibilities. Fri, 7 Dec 2018 13:13:22 EST European Chain Hotels Market Review - October 2018 Hospitality Market Reports HotStats European hoteliers had cause for celebration in October, as hotels recorded a 6.1-percent year-on-year increase in profit per room. Performance was boosted by a number of major festivals hosted in key cities, according to the latest data tracking full-service hotels from HotStats. Fri, 7 Dec 2018 12:22:16 EST U.S. November Unemployment Rate Unchanged At 3.7% Hospitality Employment U.S. Bureau of Labor Statistics 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. Fri, 7 Dec 2018 12:13:42 EST Solid Gains for US Hoteliers in November in an Uncertain Future National Business Climate Hospitality Market Reports At 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™. Fri, 7 Dec 2018 11:25:08 EST Top Trends in Travel For 2018 Hospitality Travel Trends Expedia analyzed thousands of data points this year to identify the top trends in travel for 2018, and the results show that American travelers are increasingly interested in unique and novel experiences. Highlights from the report include the rise of secondary destinations like Chiang Mai, the Azores and Cartagena, and non-traditional lodging options such as tentalows and houseboats. Thu, 6 Dec 2018 11:55:08 EST Global Airline Passenger Demand Rebounds in October Hospitality Travel Trends IATA IATA announced global passenger traffic results for October showing that demand rose 6.3% compared to the same month last year. Thu, 6 Dec 2018 11:47:39 EST Holiday Travel Insights for Hotel Marketers Hospitality Internet Tambourine These insights can help hotel marketers craft data-backed strategies for future holiday seasons. Thu, 6 Dec 2018 11:42:22 EST Positive YOY Performance for US Hotel Industry for Week Ending December 1st - 2018 Hospitality Market Reports STR The U.S. hotel industry reported positive year-over-year results in the three key performance metrics during the week of 25 November through 1 December 2018, according to data from STR. Thu, 6 Dec 2018 10:52:16 EST Positive YOY Performance for Canadian Hotel Industry Week Ending 1 December 2018 Hospitality Market Reports STR Canadian hotel occupancy rose 2.2% to 62.8% during the week of 25 November to 1 December, according to STR. ADR similarly increased 2.4% to 146.86 Canadian dollars ($109.47), which drove RevPAR up 4.6% to CA$92.27 ($68.77). Thu, 6 Dec 2018 10:48:23 EST