Friday, May 4, 2018

Hospitality News For The Week Of 5/4/18



North American hoteliers spring into second quarter of 2018 with continued growth

According to data published in TravelClick’s April 2018 North American Hospitality Review (NAHR), hotels in North America have experienced continued growth in the second quarter of 2018. Across all travel segments bookings are 2.7 percent higher, while average daily rates are up by 2.5 percent. Growth is largely being driven by the group travel segment experiencing a 7.5 percent surge in bookings, average daily rate 3.8 percent higher and revenue per available room up by 1.6 percent. Across all segments, revenue per available room is impressively 5.3 percent higher as well. Full Story Here:


Conte Nast Traveler Unveils 2018 Hot List of the World’s Best New Hotels

Conte Nast Traveler has published their list of the hottest new hotels around the globe. The 2018 Hot List recognizes 102 hotel properties around the world, two dozen of which are located in the U.S., as the hottest new hotel openings. The 2018 Hot List is a review and selection by 37 editors of the magazine of their favorite new hotels that have opened during the last year. The competition is among big brands that are matching their new properties to fit the region in which they are located. Full Story Here:


Study shows travel websites should tighten cyber security

The digital security company, Dashlane, has published the results of a study they conducted that analyzed the online security offered to users by the travel industry. The 2018 Travel Website Password Power Rankings is the first for the company and evaluated 55 of the most popular travel-related websites on five key password security measures. The analysis criteria for a perfect score was requiring passwords to be at eight characters long, a combination of different character types, sending activation emails to users and the requirement of two-factor authentication. Full Story Here:


STR: US hotel results for week ending 28 April

Mixed performance results were reported by the U.S. hotel industry for the week of 22-28 April 2018, according to data published by STR. In year-over-year comparison with the same period last year, industry-wide occupancy dropped by -0.6 percent to 69.8 percent for the week. Average daily rate was +2.3 percent higher to finish the week at $130.40. Revenue per available room was up by +1.7 percent, reaching $91.05 by the end of the week. Full Story Here:


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