Friday, February 23, 2018

Hospitality News For The Week Of 2/23/18

Airbnb reveals new hotel-like service called Airbnb Plus

Airbnb this week launched a new service tier on the home listing company’s platform called Airbnb Plus. The new service, which was announced on the 10th anniversary of the Airbnb platform, offers a more standardized service and amenities usually found in hotels. The company claims each of the listings is “verified for quality” and the service is designed to more readily compete with hotels. However, the company also announced it is now giving official classification recognition to hotels on the Airbnb platform. Full Story Here:

Forbes Travel Guide Names 2018 Star Rating Award Winners

Forbes Travel Guide published the results of its 60th listing of Star Rating winners. The winners are recognized as the top hotel properties and services worldwide. Globally 199 hotels received the five-star rating, with 83 of those located in the United States. California, New York and Florida were the top three states having the most five-star hotel properties in the U.S. New York City, Beverly Hills and Las Vegas are the U.S. cities where the most five-star hotels are located. Full Story Here:

U.S. Millennials traveling with kids in record numbers

The majority of Millennial travelers are now entering into the prime parenting age, and the result is 44 percent of Millennials are traveling with children now. Furthermore, more than half (58 percent) of those Millennials who traveled overnight have children in the household. These are published results of a survey conducted by Resonance Consultancy titled 2018 Future of Millennial Travel Report, released recently. The research also reports U.S. Millennials will spend $200 billion in 2018 and make up the fastest growing travel segment. Full Story Here:

US Hotel Occupancy Up 1.2 Percent To 62.9 Percent - Week Ending February 17th - 2018

According to published data from STR, the U.S. hotel industry posted positive performance figures for the 11-17 February 2018. Compared to the same period last year, industry-wide occupancy was up by +1.2 percent at 62.9 percent. Average daily rate was +3.2 percent higher to $128.75 for the week. Revenue per available room went up by +4.4 percent to finish the week at $80.99. Full Story Here:

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