Hospitality Trends Hotel Industry News EN Hospitality Trends Why Amazon Should Acquire Airbnb, and It's Not for the Love of Travel - By Jason Price, EVP, NextGuest Hospitality Technology NextGuest Amazon has set the chessboard to succeed in the travel vertical – in a way that is not expected. Mon, 17 Jun 2019 19:13:03 EST ARC Reports U.S. Travel Agencies Sold Over $9 Billion Worth of Air Tickets in May Hospitality Travel Trends Airlines Reporting Corporation (ARC) May Also Saw a 3.5% Increase in Passenger Trips Compared to May 2018 Mon, 17 Jun 2019 12:30:15 EST Hospitality Social Media Marketing News - June 16, 2019 Issue Hospitality Internet Lodging Interactive Dying to know what’s new in social media and how it could affect your hotel or resort? This month we’ve got changes from Instagram, Twitter, and YouTube, along with a few issues of note on Facebook. Let’s take a look at each and what it means for you. Mon, 17 Jun 2019 11:43:48 EST Estimated May 2019 U.S. Airline Traffic Data Hospitality Travel Trends Bureau of Transportation Statistics U.S. airlines carried an estimated 77.4 million systemwide (domestic and international) scheduled service passengers in May 2019, seasonally-adjusted, according to the Bureau of Transportation Statistics’ (BTS) first estimate, up 0.2% from the April second estimate. Fri, 14 Jun 2019 11:38:47 EST Restaurant Trends - Growing And Emerging Concepts - Change and Activity June 13, 2019 Hospitality Food and Beverage Update from on growing and emerging restaurant concepts Thu, 13 Jun 2019 13:24:40 EST Horwath Market Report - Denver Downtown RiNo District - By William Kottenstette Hospitality Market Reports Horwath HTL Downtown Denver’s newly developing RiNo District/Neighborhood is positioning itself as the next great opportunity in the Denver area. With all the commercial and entertainment related development recently completed, or anticipated to be completed in the near-to-mid-term, the opportunity for successful hotel development to follow is considerable. Thu, 13 Jun 2019 13:19:25 EST 7.1 Percent RevPAR Decline for Jeddah Hotels for May 2019 Hospitality Market Reports STR Hotels in Jeddah, Saudi Arabia, reported occupancy declined 2.4% to 70.6% in May, according to preliminary monthly data from STR. ADR similarly dropped 4.9% to 1,310.35 Saudi Arabian riyals ($349.43) and RevPAR decreased 7.1% to 925.07 riyals ($246.49). Thu, 13 Jun 2019 12:40:55 EST Sydney Hotel Industry Reports RevPAR Decline for May 2019 Hospitality Market Reports STR Preliminary May data from STR shows Sydney hotel occupancy dipped 1.3% to 81.5% for the month, while ADR decreased 3.2% to 207.72 Australian dollars ($144.26) and RevPAR dropped 4.4% to AU$169.23 ($117.53). Thu, 13 Jun 2019 12:15:14 EST Mixed YOY Results for US Hotel Industry for Week Ending June 8th - 2019 Hospitality Market Reports STR U.S. hotel occupancy declined 1.3% to 72% during the week of 2-8 June, and despite a 0.5% ADR increase to $132.40, RevPAR fell 0.8% to $95.36. Thu, 13 Jun 2019 11:38:00 EST Canadian Hotel Industry Reports Positive YOY Resuts for Week Ending 8 June 2019 Hospitality Market Reports STR Canadian hotel occupancy rose 0.4% to 74.7% during the week of 2-8 June, and a 1.1% ADR increase to 182.39 Canadian dollars ($136.94) drove RevPAR up 1.5% to CA$136.30 ($102.31). Thu, 13 Jun 2019 11:29:35 EST Report: Hyatt, Hilton & Viceroy Dominate Direct Bookings Hospitality Internet EyeForTravel The hotel industry’s push for direct bookings is not a trend, it’s a fait accompli. With OTA commissions as high as 30%, you have no choice but to battle to offset the imbalance and drive consumers to your website. Thu, 13 Jun 2019 10:59:37 EST Hospitality Development Lodging Econometrics Analysts at Lodging Econometrics (LE) report that China’s total construction pipeline continues to expand with 2,845 projects/590,809 rooms, up 15% by projects and 8% by rooms year-over-year (YOY). Wed, 12 Jun 2019 14:28:39 EST London Hotels Report Occupancy Decline for May 2019 Hospitality Market Reports STR London hotel occupancy dipped 0.6% to 82%, according to preliminary May data from STR. ADR, however rose 1.6% to £147.76 ($188.23), which drove RevPAR up 1% to £121.17 ($154.36). Wed, 12 Jun 2019 14:18:34 EST U.S. Holiday Date Shifts Affect School-Break Calendars, Hotel Leisure Demand Hospitality Other Articles STR The 2019-20 School Break Report from STR shows notable shifts in school calendar dates and subsequent periods of high hotel leisure demand, with weather and variability across school districts playing a role in peak family vacation periods. Wed, 12 Jun 2019 14:12:35 EST Baird/STR Hotel Stock Index Drops 4.9% in May Hospitality Financial STR Year to date, the Baird/STR Hotel Stock Index is up 14.1%. Tue, 11 Jun 2019 12:03:53 EST The Miami Beach Ordinance: Some Miami Hotels Are Shortcutting the New Safety Mandate, But at What Cost? - By Robb Monkman, Founder and CEO of React Mobile Hospitality Security React Mobile 'The statistics are beyond concerning, and it's why I pushed for this necessary action to be undertaken by the City,' Miami Beach commissioner Kristen Rosen Gonzalez said in a news release. Tue, 11 Jun 2019 10:49:50 EST Horwath Market Report - Kuala Lumpur - Upper Upscale & Luxury Market - By Sen Soon Mun Hospitality Market Reports Horwath HTL By 2023, approximately 3,000 guestrooms of the top-end segment will have entered the Kuala Lumpur luxury hotel market. Big brands such as Banyan Tree, Four Seasons and W made their presence in 2018, and brands such as Equatorial, Conrad, Regent, Jumeirah, SO Sofitel, Park Hyatt and Kempinski have began, or are expected to begin, operations within the next 5 years. Mon, 10 Jun 2019 14:24:29 EST HVS Report - NYU Conference Takeaways: Cautious Optimism Turns to Caution - By Rodney G. Clough Hospitality Development HVS The 41st NYU International Hospitality Industry Investment Conference wrapped up on June 4, 2019, and the overall sentiment of the event was one of caution, a shift from a sentiment of cautious optimism at conferences earlier in the year. Mon, 10 Jun 2019 14:08:25 EST HotStats Releases U.S. Annual Hotel Performance Tracker 2019 Hospitality Market Reports HotStats According to the published report, the U.S. as a whole performed positively in 2018, in both top- and bottom-line measures. Profit growth, or GOPPAR, was up 3.4 percent year-over-year, bolstered by gains in TRevPAR (up 2.9 percent YOY) and a muted increase in total payroll growth. Mon, 10 Jun 2019 09:49:41 EST U.S. Unemployment Rate in May Remains At 3.6% Hospitality Employment U.S. Bureau of Labor Statistics Total nonfarm payroll employment edged up in May (+75,000), and the unemployment rate remained at 3.6 percent. Employment continued to trend up in professional and business services and in health care. Fri, 7 Jun 2019 10:45:09 EST