Monday, August 10, 2015

Hospitality News For The Week Of 8/7/15

Hotel Association Opposes Expedia-Orbitz Merger
The American Hotel & Lodging Association (AH&LA) has announced it is strongly opposed to the pending merger between Expedia and Orbitz. The proposed merger is currently under review by the Department of Justice. The AH&LA believes the merger would severely limit consumer choice in online travel agency hotel bookings. Additionally the majority of their members, small business owners and franchisees, would suffer from the increased fees resulting from the duopoly created by Expedia and Priceline being the only two competitors controlling 95 percent of the market. Full Story Here:

New Hotel Delivery Robot Arrives At Crowne Plaza San Jose-Silicon Valley
InterContinental Hotels Group (IHG) announced that one of its Crowne Plaza brand locations in Santa Clara, California is launching robotic delivery service. The robot, called Dash, will deliver snacks, toiletries, and other items to the hotel’s guests. Dash, which is 3 feet tall and weighs less than 100 pounds, is designed to travel at the speed of a human walk. When carrying out its duties, Dash will announce its arrival by first phoning the guest, completing the delivery, and then returning to the hotel front desk. Full Story Here:

STR: US hotel results for week ending 1 August
All three key performance measurements were higher for the U.S. hotel industry for the week of 26 July to 1 August 2015, in comparison to the same period last year. According to figures released by STR, industry wide occupancy was up 1.5 percent to 77.5 percent. Average daily rate climbed by 4.6 percent to $124 by week’s end. And Revenue per available room rose by 6.1 percent, attaining $96.09 for the week. Full Story Here:

US hotel industry: Good and getting better
The Hotel Data Conference is underway in Nashville and according to presenters at conference, things look bright for hotel industry currently and in the near term. Demand for hotels is predicted by STR Analytics to grow by 2.9 percent in 2015, over 2014. PFK Hospitality Research projects a 3.4 higher growth over last year. STR reported that U.S. hotel industry figures set records in June for the highest occupancy level ever at 73.1 percent, highest room demand ever with 109 million rooms, and highest annualized occupancy of 65.2 percent. Full Story Here:

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