Monday, September 14, 2015

Hospitality News For The Week Of 9/11/15

Which are the world’s top 10 hotel brands?
Leisure Travel magazine released the results of their reader survey, a part of their World’s Best list, of the world’s favorite hotel chains. The top ten were, in order: 1. Oberoi, 2. Aman, 3. Peninsula, 4. Rosewood, 5. Four Seasons, 6. St. Regis, 7. Auberge, 8. Belmond, 9. Mandarin Oriental, 10. Ritz-Carlton. Each of these chains share one thing common, each of their properties offer a unique hotel experience for their guests. Full Story Here:  

Hotels gearing up for 2016: Strong advance bookings provide positive long-term outlook.
Instead of focusing their efforts on capturing last minute hotel bookings, as the summer winds down hoteliers seem looking ahead to 2016. This is according to information provided in TravelClick’s Twelve Month Outlook (August 2015 - July 2016). TravelClick reports that committed occupancy is 2.2 percent higher compared to the same period last year, while average daily rate for already booked reservations is up by 3.4 percent. Full Story Here:

Infographic: Hotel software purchase trends
In a random survey 385 hoteliers conducted between April 2014 and June 2015; STR, Inc. uncovered trends in the purchases of hotel management software. The results were published in an infographic. 77 percent of hoteliers want an online booking engine in their hotel management system, while 75 percent need reservation management. The number one reason given for changing software was that their current system is missing features they need. Full Story Here:

STR: US results for week ending 5 September
The three key indicators of hotel performance were all up for the week of 30 August to 5 September 2015, according to figures released by STR, Inc. As compared to the same period last year, occupancy was 7.5 percent higher at 63.6 percent. Average daily rate rose by 6.6 percent, to reach $115.73. Revenue per available room climbed by 14.6 percent to end the week at $75.58. Full Story Here:

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