Friday, June 16, 2017

Hospitality News For The Week Of 6/16/17

Why Hotels Are Getting on Board With Sustainable Development

Increasingly hotels are adopting measures to decrease their environmental footprint. The U.S. Green Building Council (USGBC) estimates that hospitality consumes approximately $ 4 billion in energy annually, along with 1.2 trillion gallons of water as well. On a global level, hotels on their own account for one percent of all the world’s emissions. Sustainability is now in the best interests of hoteliers because many hotels are located in the most at-risk areas of the planet. Full Story Here:

Online Booking Scams Cost Nearly $4 Billion Each Year

According to research published by the American Hotel and Lodging Association (AHLA), 55 million hotel bookings are made through online scams. This amounts to 22 percent of online hotel bookings, adding up to $3.9 billion spent by consumers on fraudulent third-party booking sites. The AHLA has begun a “Search Smarter” awareness campaign to help travelers avoid loss of funds, additional fees, and vacations which are ruined. Full Story Here:

Hotel execs: Focus tech, wellness on guest experience

The NYU International Hospitality Industry Investment Conference was held in New York City this week. The conference brought together a number of prominent industry executives to expound on a variety of topics impacting hospitality. On the second day of the conference the discussions concentrated on improving the guest experience through investments in technology and an exploration of the health and wellness of hotel guests. Full Story Here:

US Hotel Occupancy Down 0.8 Percent To 73.0 Percent - Week Ending June 10th - 2017

Mixed performance results were reported by the U.S. hotel industry for the week of 4-10 June 2017, according to figures published by STR. Compared to the same period last year, industry-wide occupancy was down by -0.8 percent to 73.0 percent for the week. Average daily rate however was up by 1.5 percent to finish the week at $128.37. Revenue per available room was also higher by 0.7 percent, ending the week at $93.73. Full Story Here:

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