Friday, February 9, 2018

Hospitality News For The Week Of 2/9/18

U.S. News Releases 2018 Best Hotels Rankings

U.S. News & World Report has published their annual rankings of the world’s best hotels. The 2018 Best Hotels ranking evaluated 24,000 luxury hotels in the U.S., Europe, Canada, Mexico and Bermuda. For the U.S., Hawaii’s Four Seasons Resort Lanai was ranked number one. In Mexico, Rosewood Mayakoba took top honors in the results. In Canada the Rosewood Hotel Georgia placed at the top. For Europe, The Ritz Paris moved up to take the top spot. Full Story Here:

Which hotels are most popular among business travelers?

The expense report tracker Certify has published the results of a study of the most expensed hotel chains for business travelers. The research found Hampton Inn, with an average expense of $240.59, was the most popular choice for business travelers in 2017. In second place was Marriott Hotels with an average cost of $272.15. Full Story Here:

Future of Hospitality 2018 Research Report Published by MicroMetrics

MicroMetrics has published The Future Of Hospitality 2018 Research Report, pointing out upcoming trends in hospitality that are crucial to the industry. Important takeaways from the survey of over 2,500 hospitality professional include “Evolving Customer Expectations” are believed by 28 percent of industry leaders to be a disruptive force for the hospitality industry. Airbnb is seen as a threat by only three percent of industry leaders. 30 percent of hospitality industry professionals plan on investing more than $500,000 to implement new technologies for their hotels. Full Story Here:

STR: US hotel results for week ending 3 February

According to published data from STR, the U.S. hotel industry posted positive performance figures for the week of 28 January through 3 February 2018. When compared to the same week last year, industry-wide occupancy was +1.4 percent higher at 56.4 percent. Average daily rate rose by +2.2 percent to finish the week at $122.35. Revenue per available room was up +3.6 percent to end the week at $69.05. Full Story Here: