Hospitality Trends Hotel Industry News EN Hospitality Trends Self-Service Sells: The Rise of Self-Service in the Hotel Industry - By Ryan King Director of Strategic Partnerships - StayNTouch Hospitality Technology StayNTouch, A Shiji Group Brand Beneficial both for the guest and the hotel, self-service represents an important part of hospitality’s future Thu, 25 Apr 2019 11:52:07 EST Competition Ramps Up As Firms Vie to Be the 'Netflix of Business Travel' Hospitality Technology EyeForTravel The ‘consumerisation’ of business travel is driving innovation in the sector as travellers demand more from their employers. Pamela Whitby takes a look. Wed, 24 Apr 2019 14:44:10 EST Troubled Hotel Loans on the Horizon? Hotel Lawyer Perspective from the Spring 2019 Trigild Lender Conference - By Jim Butler Hospitality Financial Speakers at the conference noted a few troubled spots in lending, but they seem to be isolated to the oil patch or situations that are specialized and limited. Overall it seems that some experts project a continuation of modestly good times through 2020 or 2021, while a few doomsayers claim we are ready to fall off a cliff any minute. Wed, 24 Apr 2019 14:26:37 EST Colliers International 2019 Canadian Hotel Investment Report (PDF Download) Hospitality Development Colliers International Sustained investor interest and strong fundamentals kept the hotel real estate market active in 2018 with total transaction volume of $1.5 billion. Investment activity shifted toward secondary/tertiary locations with a variety of well-capitalized buyers and a broader pool of lenders active in the market Wed, 24 Apr 2019 10:53:42 EST Restaurant Trends - Growing And Emerging Concepts - Change and Activity April 23, 2019 Hospitality Food and Beverage Update from Restaurantdata®.com on growing and emerging restaurant concepts Tue, 23 Apr 2019 12:38:04 EST HVS Report - Hotel Brand Performance - By Rodney G. Clough Hospitality Market Reports HVS Major public hotel companies recently released their year-end 2018 performance data. Of the 61 brands that report RevPAR statistics, most enjoyed an extended period of high occupancy levels and modest rate growth in 2018. Tue, 23 Apr 2019 11:39:40 EST 5 Questions to Determine If Your Hotel Group Sales Process is Broken - By Lauren Hall, Founder & CEO, IVvy Hospitality Marketing IVvy The hospitality industry is evolving at a rapid pace. From heightened guest expectations to revolutionary new-age technology, the world of travel is constantly reinventing and re-imagining itself. The group booking segment is experiencing a similar period of growth, and the potential for hoteliers to capitalize has, perhaps, never been more imminent. Tue, 23 Apr 2019 10:50:48 EST U.S. Hotels Post Posititive YOY Results for Q1 2019 Hospitality Market Reports STR In the first quarter, U.S. hotel occupancy rose 0.4% to 61.8%, ADR increased 1.1% to $129.02 and RevPAR rose 1.5% to $79.68. Tue, 23 Apr 2019 09:43:13 EST Theme Restaurants Spice Up India's Dining Scene Hospitality Food and Beverage JLL Eating out in one of India’s new generation of restaurants is as much as the social media friendly design as it about the food. Mon, 22 Apr 2019 12:56:19 EST Positive YOY Performance for US Hotel Industry for March 2019 Hospitality Market Reports STR U.S. hotel occupancy was flat at 68.4% in March, and a 0.6% ADR increase to $132.66 drove RevPAR up 0.6% to $90.78. Mon, 22 Apr 2019 11:57:39 EST U.S. Air Travel Consumer Report: February 2019 Numbers Hospitality Travel Trends Bureau of Transportation Statistics In February 2019, reporting marketing carriers posted an on-time arrival rate of 73.8%, down from both the 78.4% on-time rate in January 2019 and from 78.9% in February 2018. Mon, 22 Apr 2019 11:51:20 EST Revenue Is Rising, But Collecting Is More Challenging - By Robert Mandelbaum Hospitality Financial CBRE According to STR, U.S. hotels achieved all-time high levels of occupancy, ADR, and RevPAR in 2018. While a record number of guests are staying at hotels, and revenues are flowing in, the ability to collect these funds is starting to become more of a challenge. Thu, 18 Apr 2019 13:56:11 EST Panic Buttons Becoming a Must-Have Safety Trend in Hospitality - By Robb Monkman, Founder and CEO of React Mobile Hospitality Security React Mobile There’s a popular saying that reads, 'prepare and prevent, don’t repair and repent.' This seemingly simple sentiment hints at a universally understood and applied concept – be pro-active, rather than reactive. Now, let’s put this theory to work. Thu, 18 Apr 2019 11:15:14 EST Positive YOY Performance for US Hotel Industry for Week Ending April 13th - 2019 Hospitality Market Reports STR U.S. hotel occupancy rose 2.4% to 69.9% during the week of 7-13 April, while ADR increased 4.4% to $136.25 and RevPAR rose 6.9% to $95.22. Thu, 18 Apr 2019 11:00:53 EST Canadian Hotel Industry Reports Positive YOY Resuts for Week Ending 13 April 2019 Hospitality Market Reports STR During the week of 7-13 April, Canadian hotel occupancy rose 3.2% to 64.1%, ADR increased 4.4% to 153.05 Canadian dollars ($114.37) and RevPAR rose 7.6% to CA$98.09 ($73.30). Thu, 18 Apr 2019 10:45:17 EST March 2019 Travel Agency Air Ticket Sales Climb As Ticket Prices Fall Hospitality Travel Trends Airlines Reporting Corporation (ARC) ARC Reports Passenger Trips Increased More Than 3% Wed, 17 Apr 2019 11:08:52 EST Annual and Fourth-Quarter 2018 Air Fare Data Hospitality Travel Trends Bureau of Transportation Statistics The 2018 average domestic itinerary air fare of $350 was the lowest inflation-adjusted annual fare since the Bureau of Transportation Statistics began collecting such records in 1995, down 1.8 percent from the previous low of $356 in 2017. Wed, 17 Apr 2019 10:54:52 EST Back to Basics: Top Five Email Marketing Best Practices for Hoteliers Hospitality Internet HeBS digital Email marketing is a vital part of a hotel’s CRM efforts, but for many, it remains a complex, uncharted landscape. The good news is, it’s not as hard as it seems. These days, a wide array of user-friendly platforms make it easy to maintain and manage an email list, design collateral, automate sends, and gather analytics. However, it’s important to keep some important best practices in mind. So, without further ado, here’s our list of the top five email marketing best practices for hoteliers. Tue, 16 Apr 2019 13:15:45 EST February 2019 U.S. Passenger Airline Employment Data Hospitality Employment Bureau of Transportation Statistics The 21 U.S. scheduled passenger airlines employed 2.5% more workers in February 2019 than in February 2018 Tue, 16 Apr 2019 11:16:25 EST Horwath Market Report - Melbourne, Australia - By Damien Little Hospitality Market Reports Horwath HTL This latest report by Damien Little, Horwath HTL Asia Pacific, provides a break down of where new supply additions will be located, as well as a break down by class so as to provide a greater insight as to the potential impacts of new supply additions on the Melbourne hotel market. Mon, 15 Apr 2019 12:15:41 EST