Friday, December 15, 2017

Hospitality News For The Week Of 12/15/17

American Express Travel Reveals Emerging Trends and Top Ten Destinations for 2018

American Express Travel has published the results of their 2018 Tourism Outlook: The Exploration of Today’s Modern Traveler. The survey found that for the first quarter of 2018, international bookings are 44 percent higher than for 2017. 25 percent of American travelers surveyed said they enjoy learning about history, art and cultures around the world. The results further support a growing interest on the part of American tourists for international travel. Full StoryHere:

Majority of U.S. Winter Vacationers Undeterred by Recent Natural Disasters

The independent marketing communications agency Eric Mower + Associates published the results of a recent survey of winter travelers. The study indicates U.S. winter travelers are not changing their planned trips to areas impacted by recent natural disasters. Hurricanes Harvey, Irma, Maria and the wildfires in California are not influencing any changes to travel itineraries in the U.S. to any large degree, according to the survey of 754 U.S. adults. Sixty-five percent of the respondents report no change in plans at all. Thirty-five percent stated Florida is their winter destination, which was damaged by Hurricane Irma. Full Story Here:

What hoteliers need to know about net neutrality

The Federal Communications Commission (FCC) ruled this week to overturn a previous decision regarding broadband internet. The ruling reclassifies broadband internet as an information service rather than a part of telecommunications. This decision, which is likely to face many court battles before it is to take effect, would make it a service to be regulated by the Federal Trade Commission (FTC). Since 2015 broadband internet has been regulated under the FCC as a utility. The result of the ruling is likely to drive up the cost of internet service by its providers. Full Story Here:

US Hotel Occupancy Up 2.7 Percent To 60.7 Percent - Week Ending December 9th - 2017

In year-over-year measurements the U.S. hotel industry posted positive performance figures for the week of 3-9 December 2017, according to STR. When compared to the same week last year, industry-wide occupancy was +2.7 percent higher, ending the week at 60.7 percent. Average daily rate went up by +4.0 percent to finish at $125.07 for the week. Revenue per available room went up as well, rising by +6.8 percent to end the week at $75.97. Full Story Here:

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