Friday, March 24, 2017

Hospitality News For The Week Of 3/24/17

Online hotel booking scams cost Americans $1.3 billion annually

The American Hotel and Lodging Association (AHLA) has issued a statement applauding the federal government’s ongoing efforts to combat the problem of online hotel booking scams. These scams number approximately 15 million per year and cost Americans $1.3 billion in bad bookings each year. These scammers either mirror the look and feel of legitimate websites, or find a way to piggyback on them. The end result is the consumer paying for a booking they have not actually made. Full Story Here:

TripAdvisor Recognizes Most Popular Destinations

The travel planning and booking website, TripAdvisor, released the results of their 2017 Travelers’ Choice awards. The list of the top destinations around the world includes the number one global winner Bali, Indonesia. New York City finished as the top destination in the U.S. for the seventh consecutive year. The awards list comprises 418 destinations from 24 lists around the world. Full Story Here:

Hunter Day One: Don’t expect up cycle to end soon

Expectations are for the hospitality industry to continue its up cycle at the Hunter Hotel Investment Conference held this week in Atlanta, Georgia. Polls conducted for the conference, along with opening day speakers, state they expect hotel performance to remain the same or even get better in 2017. The hospitality industry as a whole appears to be confident going forward, particularly in the light of Donald Trump’s Presidency having a positive impact on corporate confidence. Full Story Here:

STR: US hotel results for week ending 18 March

According to industry-wide results published by STR, the U.S. posted mixed performance figures for the week of 12-18 March 2017. Compared to the same period last year, hotel occupancy was down by 0.6 percent, to end the week at 70.0 percent. Average daily rate rose by 1.3 percent to reach $129.93 for the week. Revenue per available room was up by 0.7 percent to finish at $90.99 by week’s end. Full Story Here:

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