Monday, June 26, 2017

Hospitality News For The Week Of 6/23/17

New Data Reveals Overwhelming Majority of Americans Believe Short-Term Rentals Should be Regulated

A new poll conducted by Axis Research and sponsored by AirbnbWATCH has found that the vast majority of Americans believe short-term rentals should be subject to all the same laws and regulations as the lodging industry. According to the research, fully 91 percent of the American public supports the requirement of properties listed on websites such as Airbnb and VRBO to adhere to the local zoning, health and safety regulations. 85 percent support requiring short-term rentals to register with their city and pay taxes as well. Full Story Here:

Branded Full-Service Hotels In The U.S. Recorded A 2.4 Percent Increase In Goppar Year-To-Date April

The monthly hotel profit-and-loss benchmarking service HotStats is now bringing its profitability tracking to analyze the U.S. hotel market. In published results, full-service hotels recorded a 2.4 percent increase in Gross Operating Profit per Available Room, in year-to-date comparison with 2016. Additionally, Total Revenue per Available Room is up by 2.1 percent and revenue per available room is 2.2 percent higher as well. Full Story Here:

Hotels and OTA’s failing to inspire guests

According to a newly published report by TrustYou, opportunities are being missed by both hotels and online travel agencies regarding upselling and ancillary revenues. Both hotels and the OTA’s are not inspiring guests to seek out amenities, property activities, and the local area in the destination. The report states 80 percent of hotel guests are expecting to be contacted by the hotel in advance of their stay. Full Story Here:

STR: US hotel results for week ending 17 June

The U.S. hotel industry posted mixed performance numbers for the week of 11-17 June 2017, according to STR. Industry-wide occupancy dropped by 0.3 percent to finish at 74.3 percent for the week, when compared to the same period last year. Average daily rate however was up by 1.7 percent, reaching $129.32 by the end of the week. Revenue per available room was also higher by 1.4 percent to finish the week at $96.10. Full Story Here:

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