Friday, February 16, 2018

Hospitality News For The Week Of 2/16/18

Google now allows hotel bookings through search results

Google announced they are now enabling consumers to book hotels on their mobile phone, directly from search result pages. The online search giant has given users the functionality needed for them to never need to leave a Google search page to book travel for airlines and now hotels as well. The latest changes will include hotel photos combined with functionality that enables users to customize dates and pricing. Additionally, users will have the ability to search for destinations and receive a variety of flight and hotel options together. Full Story Here:

The Most Popular Travel Experiences of 2017

TripAdvisor has published the results of the experiences segment of their top travel trends report for 2017. The results indicate travelers are expanding their horizons and are seeking unique, local experiences and culture, in addition to more traditional tourist activities. Historical and heritage tours, culinary tours and cooking classes, along with activities in the great outdoors are all rising significantly in popularity according to the research. Another trend is skip-the-line and priority access at many traditional tourist destinations is dramatically on the rise as well. Full Story Here:

Hoteliers, analysts divided on effects of US tax reform

At the recently held Americas Lodging Investment Summit (ALIS), hoteliers and industry experts were divided on both the near and long-term effects of the U.S. tax reform recently enacted and signed into law. At the summit a number of tax reform issues were debated. Topics covered included speculation of whether the legislation will result in increased consumer spending on travel, and what the effects on supply and demand and hotel pricing will be. Full Story Here:

US Hotel Occupancy Dips 0.2 Percent To 59.5 Percent - Week Ending February 10th - 2018

In year-over-year comparison the U.S. hotel industry reported mixed performance results for the week of 4-10 February 2018, according to published data from STR. When compared to the same week last year, industry-wide occupancy fell slightly by -0.2 percent to finish the week at 59.5 percent. Average daily rate was up however by +2.8 percent to $125.09 for the week. Revenue per available room was +2.6 percent higher as well, finishing the week at $74.48. Full Story Here: 

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