Friday, July 29, 2016

Hospitality News For The Week Of 7/29/16

5 Takeaways From June’s U.S. Performance Data

With the year halfway gone, it is prudent to examine the current state of the U.S. hotel industry. STR, Inc. has produced an infographic illustrating the top five takeaways from the industry’s month of June 2016. Growth is slowing in some of the most critical measurements. Demand growth, most significantly, is only 1.6 percent. This is compared to the first half of 2015, when the figure stood at a full 3 percent. Full Story Here:


STR: US hotel results for week ending 23 July

Compared to the same time period last year, the U.S. hotel industry reported mixed results for the week of 17-23 July 2016. Industry wide, occupancy dropped 1.1 percent to 78.2 percent for the week. However, average daily rate actually climbed 4.1 percent, reaching $130.83 by week’s end. Also revenue per available room was higher as well at 2.9 percent, to finish the week at $102.24. Full Story Here:


Infographic: 10 Ways To Win With Social Media Marketing

Hospitality and the travel industry are favorite subjects across the public’s social media channels. Travelers want to build social connection with the travel brands they love. Social media can provide valuable information to social followers of travel companies. This informative infographic offers a recap of some important foundations of an effective social media marketing campaign for hoteliers. Full Story Here:


Medical Tourism Industry Poised For 25% Year-Over-Year Growth By 2015 

A rapidly growing travel segment is the medical tourism industry. A study was just released by VISA and Oxford economics which puts the value of the industry at an astounding $439 billion. The research also projects the growth rate for medical and health-related travel to be at 25 percent year-over-year for the next 10 years. The value of medical travel could reach the amazing figure of $3 trillion by 2025. Full Story Here:





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