Hospitality Trends
October, 18 2017
 
 
 
Unexpectedly Slow U.S. Hoteliers Overestimated 2016 Performance
 
Unexpectedly Slow U.S. Hoteliers Overestimated 2016 Performance - By Robert Mandelbaum
 
Unfortunately, 2016 was a disappointment. Revenue and profits increased, but not at the levels that were budgeted. Occupancy and average daily rate (ADR) growth fell short of expectations, which led to a revenue shortfall. While the lower occupancy levels resulted in less expense growth, it was not enough to offset the limited revenue growth. Therefore, the goals for increases in profits were not met. Read More
 
2017 Smart Decision Guide To Hotel Property Management Systems
Starfleet Research: 23% of Hoteliers Plan to Upgrade Their Core Technologies
 
As part of their technology modernization process, hoteliers are phasing out function-specific, standalone software programs that are unable to 'talk' with one another. In their place hoteliers are deploying technologies that can connect and seamlessly share data. Combined, these technologies can automate all of the different functions that take place across the property - and, if required, across multiple properties - in a unified and integrated fashion. Read more
 
Construction Pipeline Asia Pacific
Asia Pacific Hotel Development Pipeline Under Contract Up 7.4 Percent YOY for September
 
The Asia/Pacific region reported a 20.9% year-over-year increase in rooms in construction during September 2017. Read more
 
Construction Pipeline U.S.
U.S. Hotel Construction Pipeline Under Contract for September 2017 Up 5.7 Percent over 2016
 
According to STR's pipeline report, the U.S. reported a 5.7% year-over-year increase in rooms in construction during September 2017. Read more
 
Construction Pipeline Central/South America
Central/South America Hotel Development Pipeline Under Construction Drops 5.5 Percent for September 2017
 
The Central/South America region reported an 8.4% year-over-year decrease in rooms under contract, according to STR data. Read more
 
Airline Ticket Sales Trends
ARC Data Shows Decrease in Airline Ticket Sales for September 2017
 
Average Ticket Prices Are Down 1.2 Percent YoY Read more
 
Construction Pipeline Middle East And Africa
Middle East Hotel Development Pipeline In Construction Phase Down 6.6 Percent YOY for September 2017
 
The Middle East reported a 3.4% year-over-year increase while Africa saw a 2.7% decrease in rooms under contract in September, according to data from STR. Read more
 
Construction Pipeline Europe
European Hotel Pipeline Under Contract For September 2017 Up 11.5 Percent over 2016
 
Europe reported a 16.3% year-over-year increase in rooms in construction during September 2017, according to STR. Read more
 
Chinese Business Travel Trends
Business Travel in China Continues to Grow
Business Travel in China Continues to Grow
 
CITS American Express Global Business Travel 2017 China Business Travel Barometer indicates that Belt and Road opportunities are considered a key factor in rising business travel budgets Read more
 
Hotel Digital Talen
Hotel Digital Talent: Why Is It So Hard to Find?
Hotel Digital Talent: Why Is It So Hard to Find?
 
Hotel digital marketing requires an increasingly hard-to-find skillset. Read more
 

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In Brief...
 

Halal Tourism
Halal Tourism Has Become Increasingly Important

On-time Performance (OTP) Star Ratings
OAG On-time Performance Star Ratings Highlight North America’s Most On-Time Airlines and Airports

The Cruise Report
3 of the Latest Cruise Trends from Sojern’s New Report - By Catlyn Origitano

Airbnb And The Hotel Industry
New Findings Bring an Economic Lens to the Evolution and Profitability of Short-Term Rentals in New York City

 
 
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