Friday, December 9, 2016

Hospitality News For The Week Of 12/9/16

Survey Reveals Americans Are Willing To Spend More And Prioritize Travel In 2017

Americans expect to significantly increase their travel budgets in 2017, according to the annual traveler survey published by Choice Hotels International. The increased spending comes despite American travelers feeling too busy for all the trips they would like to make in the coming year. Budgets for leisure travel in 2017 are 42 percent higher than in 2016. The top domestic destinations are Florida and California at 56 percent. Australia is the leading international destination with 63 percent. Full Story Here:

 

Legal landscape shifting for sharing-economy lodging

Recently settled lawsuits between Airbnb and large metropolitan areas have resulting in a shifting focus for state and local regulators. The City of New York and the State of New York recently settled with the website and agreed to shift their law enforcement efforts towards owners running illegal hotels, rather than the site. San Francisco is being sued by Airbnb in order to prevent the city from fining the site $1000.00 for each illegal listing. Full Story Here:

 

STR: US hotel results for week ending 3 December

The U.S. hotel industry posted mostly negative performance results for the week of 27 November through 3 December 2016, according to published data from STR. Compared to the same time period last year, industry-wide occupancy dropped 1.5 percent to 56.0 percent for the week. Average daily rate however climbed 0.5 percent higher, ending the week at $117.31. Revenue per available room saw a decline of 1.0 percent to finish the week at $65.65. Full Story Here:

 

Expedia Releases American Bleisure Traveler Study

The online travel agency Expedia has released its study of business travelers called Profile of the American Bleisure Traveler. The survey results state for example, 43 percent of all business trips blend in pleasure with business. The “bleisure” traveler tends to be a frequent traveler, with 32 percent traveling at least once or twice a month. The trips are two or three nights in length at least 71 percent of the time. Since the bleisure travelers are saving money on their leisure travel, 66 percent of them spend more money on leisure activities during their trip. Full Story Here:

 


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