Hotel News Resource
July, 21 2017
Global Business Travel Spend Approached $1.3 Trillion in 2016
Global Business Travel Spend Approached $1.3 Trillion in 2016
Global Business Travel Poised for Strong Advance but Uncertainty Lingers in the United States Read More
Market Report U.S.
US Hotel Occupancy Down Slightly 0.1 Percent to 77.4 Percent - Week Ending July 15th - 2017
Average daily rate up 1.7 Percent to US$130.76 Read more
The Future Of The Travel Industry
Travel Industry Must Overcome Economic and Political Disruption to Harness Future Growth
Travel Industry Must Overcome Economic and Political Disruption to Harness Future Growth
New report from A.T. Kearney, ‘What if? Imagining the future of the travel industry’, identifies trends of personalization and seamless travel as key drivers of success in the next five to seven years - Report also outlines four different world scenarios of the future, and warns that the emergence of protectionism and populism could hinder future commercial opportunities across the industry Read more
Hotel Booking Trends
Summer Continues with Inconsistent Rates and Bookings for North American Hoteliers
Group and Transient Leisure Travel Stand Out with Rate and Occupancy Growth in Third Quarter of 2017 Read more
Market Report U.S.
July Profits Per Room Fall 2.6% for US Hoteliers
Hotel room rates in the top-25 most popular U.S. destinations are nowcast¹ to average $203.69 this July, down from $221.3 in June, according to hotel online room rates derived from trivago's unique real time global multi-provider platform. Read more
Market Report Canada
Canadian Hotel Occupancy Up Slightly 0.1 Percent to 79.2 Percent For Week Ending 15 July 2017
Revenue per available room up 1.3 Percent to CAD$136.79 Read more
U.S. Employment Trends
71 Percent of U.S. Workers Would Not Apply to a Company Experiencing Negative Publicity, According to a Recent CareerBuilder Survey
- Women are less likely to apply to a company negatively in the press than men - More than a quarter of employers have experienced negative publicity, say it has impacted hiring, morale, turnover and sales Read more
Market Report U.S.
Positive YOY Results for US Hotel Industry for Q2 2017
In the second quarter of 2017, the U.S. hotel industry reported occupancy rose 0.5% to 69.5%, ADR increased 2.2% to $127.43 and RevPAR rose 2.7% to $88.58 when compared to Q2 2016. Read more
Hersha Capital Recycling
Hersha Hospitality Trust Coses on the Sale of Three Suburban Extended Stay Hotels - Acquires the Westin Philadelphia
Hersha Hospitality Trust Completes 24 Month Capital Recycling Campaign Read more
Hotel Opening Washington
Courtyard by Marriott Pullman Hotel Opens on Washington State University Campus
Located at 1295 NE North Fairway Road, on the campus of Washington State University, the 122-room hotel will operate as a Marriott franchise, owned and managed by Stonebridge Companies. Read more
Hotel Opening Guatemala
Hyatt Centric Guatemala City Hotel Opens
Hyatt Centric Guatemala City Hotel Opens
Hotel opening marks the first Hyatt Centric hotel in Central America Read more

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In Brief...

Management Appointment Waldorf Astoria Hotels
Allan Federer Named Managing Director of Grand Wailea on Maui

Hoteles City Express Results
Hoteles City Express Announces Second Quarter 2017 Results with

LaSalle Hotel Properties Results
LaSalle Hotel Properties Reports Second Quarter 2017 Results

Hotel Opening Texas
Home2 Suites by Hilton Baytown Opens in the Greater Houston Area

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