Monday, December 4, 2017

Hospitality News For The Week Of 12/1/17

Inbound U.S. tourism drops, industry promises action

According to data published this week by the U.S. Department of Commerce National Travel and Tourism Office, inbound tourism during the first six months of 2017 has declined by almost 4 percent when compared to the first half of 2016. Although the complete figures for 2017 will not be known until later in 2018, indications are not good at this point. The 3.9 percent decline in international tourism is driving an increase in global promotions by U.S. travel companies. The efforts are being made in response to internationally unpopular U.S. government policy changes. Full Story Here:

AARP: More Baby Boomers Want Relaxing Getaways in 2018

AARP Travel has recently published a new survey indicating members of the Baby Boom generation are expecting fewer barriers to leisure travel in 2018. Additionally, they report a desire for more relaxation during their vacations in the coming year. According to the survey, Boomers will take four or five leisure trips in 2018 and spend $6,400 on average. This is compared to Millennials ($6,800) and Gen Xers ($5,400). The number of Boomers taking most or all of their vacation time is expected to rise in 2018 from 59 percent in 2017 to 68 percent during the year to come. Full Story Here:

PolyU Study Urges Hotels to Engage the Facebook Generation

Researchers at the School of Hotel and Tourism Management (SHTM) at The Hong Kong Polytechnic University are urging hotels to make greater use of social media in the evaluation of their own performance. A study was conducted by the researchers of hundreds of reviews of New York hotels on the TripAdvisor website and found the hotel features found to be most and least satisfying and dissatisfying. These reviews will greatly aid hoteliers in their efforts to gain a better understanding of their customers, according to the researchers. Full Story Here:

US Hotel Occupancy Up 1.4 Percent To 51.4 Percent - Week Ending November 25th - 2017

In year-over-year results the U.S. hotel industry posted positive performance figures during the week of 19-25 November 2017, according to a report by STR. When compared to the same week in 2016, industry-wide occupancy was +1.4 percent higher at 51.4 percent. Average daily rate rose by +2.0 percent to finish at $109.99 for the week. Revenue per available room climbed up +3.4 percent to end the week at $56.52. Full Story Here:

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