Friday, August 21, 2015

Hospitality News For The Week Of 7/21/15

Survey: Travel Intentions Remain Strong, Traveler Satisfaction on the Rise
A study released by the marketing communications firm, MMGY Global, indicates Americans intend to travel more and are satisfied with their recent trips taken. The Travelers Sentiment Index research found key indicators such as
the perception of travel affordability, personal availability of funds for travel, and interest in travel are all higher than in July 2014. The study found the highest increase was in the perceived affordability of travel. Full Story Here:

Guests willing to disclose personal information on hotel apps - if benefits are clear
The University of Houston’s Conrad N. Hilton College of Hotel and Restaurant Management published the findings of their hotel guests to measure their willingness to share personal information with hotel apps. The study reports that over one-third of hotel guests are willing to provide personal information to hotel apps, depending on the risks versus benefits to themselves and the type of information being asked. The study recommends that hotel apps be both relevant and instill trust in users. Full Story Here:

STR: US results for week ending 15 August
The U.S. hotel industry had yet another good week, for the period between 9-15 August 2015. As compared to the same period last year, industry wide occupancy rose by 1.2 percent to reach 74.3 percent. Average daily rate increased 3.9 percent to $122.30. And revenue per available room climbed 5.1 percent, closing the week at $90.85. Full Story Here:

US Hotel Occupancy Increases 2.3% To 75.3% During July 2015
For the month of July 2015, the U.S. hotel industry reported numbers higher than the same month the previous year, July 2014. Industry wide the occupancy was up 2.3 percent at 75.3 percent, average daily rate was reported to have risen by 5.9 percent to $124.32, and revenue per available room climbed 8.3 percent to attain $93.61. The occupancy rate set a new record as the highest ever recorded for any month measured by STR, Inc. Full Story Here:

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