Friday, September 30, 2016

Hospitality News For The Week Of 9/30/16

US Hotel Occupancy Up 2.6 Percent to 72.0 Percent - Week Ending September 24th - 2016

During the week of 18-24 of September 2016, the U.S. hotel industry recorded positive year over year results in three performance metrics, according to STR data.  STR analysts feel the week’s results were affected primarily by a Yom Kippur, which was on the 23 of September 2015 and Eid al-Adha on the 24 of September 2015 calendar shift and a Group segment performance jump. Full Story Here:

Canadian Hotel Occupancy Up 2.2 Percent to 79.4 Percent For Week Ending 24 September 2016

During the week of 18-24 of September 2016, the Canadian hotel industry recorded positive results in three performance metrics, according to STR data.  The country’s year-over-year occupancy increased by 2.2% to 79.4%.  Their average daily rate was up 7.3% for the week to CAD161.68. RevPAR was up 9.6% to CAD128.36. Full Story Here:

Hotel Industry Commends Congressional Action on Zika Funding, House Passage of 6-Month Overtime Rule Delay

To fight the Zika virus, the American Hotel and Lodging Association commended Congressional action to pass funding of $1.1 billion to battle and combat the virus. Both the hotel and travel industries have been working together to get Congress to pass emergency funding to fight Zika. Full Story Here:

More than 50 hotel giants planned for USA - New mega project in Las Vegas

The USA is quite undefeated in regards to hotel development. As told by TOPHOTELPROJECTS, at the moment 1189 hotels projects with more than 230,000 rooms are currently in the works in the United States. Especially the preferred tourism states, such as Florida, which has 168 projects, California with 134 projects, and New York has 112 projects. They’re all looking to up their tourist numbers. Full Story Here:

Posted via OnFast - http://www.OnFast.com

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