Friday, August 28, 2015

Hospitality News For The Week Of 8/28/15

Travelers’ prefer free Wi-Fi to free breakfast

A recent survey released by revealed the amenity preferences of over 5,000 travelers around the world. The majority would rather get free Wi-Fi service over free breakfast, but not by a wide margin. 55 percent prefer free Wi-Fi, while 45 percent would rather get breakfast for free. When asked about the accommodations, 75 percent prefer a bigger bed to a bigger bathroom, a very clear preference. Full Story Here:

Hotel Price Index Reveals Midwest, Southwest And Western Cities Are Surging Domestically 

The most popular U.S. destinations for the first half of 2015 were announced by, with Las Vegas, New York City, and Orlando continuing to lead as the top three respectfully. While the top ten destinations remained unchanged since 2014, the Southwest and Midwest saw surging popularity within the top fifty. The biggest gain was the Grand Canyon region climbing from outside the top fifty to number 45 on the list. Full Story Here:

STR: US results for the week ending 22 August

The U.S. hotel was up yet again in performance, as compared to the same period last year, for 16-22 August 2015. Occupancy was higher by 0.6 percent to 71.2 percent. Average daily rate climbed 3.4 percent to reach $119.75 for the week. Revenue per available room rose 4.1 percent, ending the week at $85.22. Full Story Here:

Demand Dips for North American Hotels

TravelClick has released the results of their August 2015 North American Hospitality Review which indicate a dip in demand for the third quarter of the year. Several indicating factors were down compared to the same period last year. Business occupancy, for both groups and individuals, were down 0.5 and 1.4 percent respectively in the third quarter for the top 25 North American markets. Analysts see this as a slight correction combined with the strong U.S. dollar. Full Story Here:

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