Hospitality Trends Hotel Industry News EN Hospitality Trends Restaurant Trends - Growing And Emerging Concepts - Change and Activity October 23, 2018 Hospitality Food and Beverage Update from on growing and emerging restaurant concepts Tue, 23 Oct 2018 13:36:33 EST Gen Z Job Hunters Seek Good Pay, Opportunity, Brand Reputation Hospitality Employment National Restaurant Association New NRAEF research finds 34 percent want to own their own restaurant, 33 percent want to be bartenders and 31 percent would work in business operations. Tue, 23 Oct 2018 13:11:58 EST Trends and Insights in Hotel Management Contracts 2018 (PDF) Hospitality Legal Baker & McKenzie In collaboration with JLL, Baker & McKenzie presents Hotel Management Contracts 2018, a unique analysis of recent trends in hotel management contract negotiations in Asia Pacific. This provides an update to our previous study undertaken in 2014. Tue, 23 Oct 2018 13:07:24 EST UNWTO/GTERC Report: Asia and the Pacific Grows in Importance for Global Tourism Hospitality Travel Trends World Tourism Organization UNWTO The World Tourism Organization (UNWTO), in partnership with the Global Tourism Economy Research Centre (GTERC), presented its Asia Tourism Trends Report today at the Global Tourism Economy Forum in Macao (China). The report shows Asia and the Pacific outperforming all world regions in growth in international arrivals since 2005. Tue, 23 Oct 2018 12:46:57 EST Hospitality Internet Tambourine Google rolled out a new algorithm update that is already causing widespread changes in both organic and local search engine rankings. Tue, 23 Oct 2018 12:08:23 EST U.S. Lodging Performance Fell Short Of Budget In 2017 - By Robert Mandelbaum Hospitality Financial CBRE In 2017, the actual achieved levels of occupancy, average daily rate (ADR), total revenue and profits for U.S. hotels were less than their respective budgeted amounts. After a five-year period (2011 through 2015) of extremely accurate budget projections, this marks the second consecutive year that owners and operators failed to meet their operating goals. Tue, 23 Oct 2018 11:29:12 EST The Top 5 Things You Need to Know Now in Hotel Digital Marketing: October Edition - By Margaret Mastrogiacomo, Vice President Strategy Hospitality Internet HeBS digital As Q4 begins and the holidays approach swiftly, it’s time for hotel marketers to kick their digital marketing into high gear. From Google unveiling new search tools (perfect for travel planning) to Facebook adding new, festive holiday design elements to its ad platform, here are the top things you need to know now in hotel digital marketing to take your digital strategy to the next level. Tue, 23 Oct 2018 10:01:47 EST High-Speed Rail Propels Hong Kong Hotels Hospitality Market Reports JLL New bullet trains zipping between Hong Kong and mainland China are set to make travel for tourists faster, cheaper and easier than ever – although finding a hotel room amid rising visitor numbers could well become that much harder. Tue, 23 Oct 2018 09:31:10 EST Mixed YOY Performance for US Hotel Industry for Third Quarter 2018 Hospitality Market Reports STR In the third quarter of 2018, U.S. hotel occupancy dipped 0.4% to 71%, ADR rose 2.1% to $131.86 and RevPAR increased 1.7% to $93.65. Tue, 23 Oct 2018 09:23:56 EST Social Tables Releases Free Resource to Help Hotels Segment Group Business Hospitality Technology Social Tables Social Tables has released a free workbook of exercises tailored to guide hotel properties and chains through effective segmentation of groups and meetings business. Mon, 22 Oct 2018 12:20:45 EST Mixed YOY Results for US Hotel Industry for September 2018 Hospitality Market Reports STR In September, U.S. hotel occupancy decreased 2.1% to 68% year over year, while ADR rose 1.9% to $131 and RevPAR dipped 0.3% to $89.10. Fri, 19 Oct 2018 12:55:16 EST August 2018 U.S. Passenger Airline Employment Data Hospitality Employment Bureau of Transportation Statistics August’s 439,615 full-time equivalents (FTE), was the second highest monthly employment total since November 2004 (439,776 FTEs), down 0.9 percent from the highest monthly total in July 2018 (443,475). Fri, 19 Oct 2018 11:16:00 EST Reveals Eight Travel Predictions for 2019 Hospitality Travel Trends has delved into its unprecedented insights from over 163 million verified guest reviews and research from 21,500 travelers across 29 countries to reveal eight travel predictions for 2019. Thu, 18 Oct 2018 13:45:23 EST Meetings & Events Forecast Shows Steady Growth For 2019 Hospitality Other Articles American Express Meetings industry has achieved consistent growth in spend and attendees for the fourth consecutive year, solidifying its value as a business enabler Thu, 18 Oct 2018 13:16:07 EST Hospitality Financial HVS Hurricanes Michael and Florence are both gone, but the extent of their destruction is now coming into clearer focus. Thu, 18 Oct 2018 13:09:46 EST Mixed YOY Performance for US Hotel Industry for Week Ending October 13th - 2018 Hospitality Market Reports STR The U.S. hotel industry reported mixed year-over-year results in the three key performance metrics during the week of 7-13 October 2018, according to data from STR. Thu, 18 Oct 2018 11:27:28 EST Cvent Launches Its First Quarterly Group Business Outlook Hospitality Other Articles Cvent The third quarter of 2018 saw meeting planners award an unusually high number of RFPs for all future dates compared to a particularly weak third quarter of 2017. The growth rate in awarded RFPs to U.S. hotels over the past 12 months average 11.4%, based on data from the Cvent Supplier Network. The third quarter grew an impressive 14.7%. Thu, 18 Oct 2018 11:20:08 EST Postive YOY Performance for Canadian Hotel Industry Week Ending 13 October 2018 Hospitality Market Reports STR The Canadian hotel industry saw occupancy increase 1.3% to 69.6% for the week of 7-13 October. ADR rose 2.5% to 158.15 Canadian dollars ($121.19) and RevPAR increased 3.9% to CA$109.99 ($84.29). Thu, 18 Oct 2018 11:15:16 EST Five Tips for a Successful Cyber Monday Campaign - By Victoria Hsia Hospitality Marketing HeBS digital It’s no secret: Cyber Monday is a huge opportunity for hoteliers to drive bookings. What began as a one-day online shopping holiday has, over the years, extended into Black Friday and Thanksgiving, with some brands promoting deals even earlier. As a result, consumers aren’t just searching for deals earlier, they’re also making more purchases over a longer period of time. According to Adobe Analytics, American consumers spent $19.62 billion online between Thanksgiving and Cyber Monday in 2017, a 15% increase year over year. Wed, 17 Oct 2018 16:12:34 EST New Study Explores the Mindset of the Gen Z Workforce Hospitality Employment National Restaurant Association The Educational Foundation just released a report on the Gen Z workforce and what we need to do to recruit them to our industry. Wed, 17 Oct 2018 14:31:02 EST