Hawaii visitor traffic picks up
Hawaii arrivals by air are running 11 percent above year-ago levels so far this May, a greater improvement than seen in previous months.According to daily postings by the state, May arrivals will top 600,000 this weekend. Arrivals from the mainland so far this month are up 7 percent and international arrivals are up 28 percent, including a 36 percent year-to-year increase from Japan.
Hotels - 5 things to know: 23 May 2012
Story Highlights• Blog: Blackstone-Accor deal is a win-win
• Revenue managers have some catching up to do
• Invesco: Real-estate opportunities remain in Europe
• Study lends insight into American summer travelers
• ABVI adding hotels at a record pace in 2012
Hotels - 5 things to know: 21 May 2012
Story Highlights• STR: Upper-tier US hotels performed best in April
• New ADA pool-lift requirement deadline extended
• Gaylord’s Colorado project clears tax-incentive hurdle
• Study highlights Memorial Day travel trends
• Best Western predicts busy summer travel season
US hotel results week ending 12 May | STR Reports
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 6-12 May 2012, according to data from STR. In year-over-year comparisons for the week, occupancy ended the week virtually flat with a 0.1-percent increase to 62.7 percent, average daily rate increased 4.5 percent to US$105.85 and revenue per available room jumped 4.5 percent to US$66.35.
Hospitality Industry – Hotels Business Current and Future Trends
On the home has long been synonymous with the hospitality industry. Any changes in trends in the hospitality industry have an impact on a large scale otherwise diverse industry. What could be an opportunity for a traveler a question of survival for hotels can be? It is not a bit too simple, suggest that the new concepts in hotel industry reveal an atmosphere of intense competition. Here is a look at some key questions:
STR US hotel results for week ending 5 May
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 29 April-5 May 2012, according to data from STR. In year-over-year comparisons for the week, occupancy was up 5.1 percent to 63.2 percent, average daily rate increased 5.2 percent to US$107.18 and revenue per available room jumped 10.5 percent to US$67.70.
Among the Top 25 Markets, Oahu Island, Hawaii, reported the largest occupancy increase, rising 16.0 percent to 83.9 percent, followed by San Diego, California (+11.8 percent to 70.0 percent), and Dallas, Texas (+11.0 percent to 62.7 percent). Philadelphia, Pennsylvania-New Jersey, posted the largest occupancy decrease, falling 2.4 percent in occupancy to 68.6 percent.
A Reality Check for the Hospitality Industry: Are You As Hospitable As You Think?
As an industry focused on how it makes people feel, it’s essential for professionals in this industry to stop and ask themselves, “Am I practicing the art of hospitality?”Did you know it can take 3-4 purchases before a company can consider a customer loyal? Knowing this fact makes consumers wonder why businesses aren’t trying harder to earn their loyalty and ensure they’ll never choose another competitor’s product.
Hotels - 5 things to know: 17 May 2012
Story Highlights• STR, STR Global release performance, pipeline data
• Survey: Europe at risk for double-dip recession
• Choice introduces new F&B, dual-brand initiatives
• HVS: US hotel revenues, profits spreading
• Global smartphone use rises
STR Issues Strong Summer Forecast for U.S. Hotel Industry
The U.S. hotel industry is expected to report strong performance results in summer 2012, according to the annual summer forecast by STR, a company that analyzes hotels. STR predicts occupancy for June, July and August combined will rise 1.8 percent to 69 percent, average daily rate will increase 3.9 percent to $106.64 and revenue per available room will increase 5.7 percent to $73.59.
STR: US hotel results week ending 5 May
The U.S. hotel industry experienced increases in all three key performance metrics during the week of 29 April-5 May 2012, according to data from STR.In year-over-year comparisons for the week, occupancy was up 5.1 percent to 63.2 percent, average daily rate increased 5.2 percent to US$107.18 and revenue per available room jumped 10.5 percent to US$67.70.
Among the Top 25 Markets, Oahu Island, Hawaii, reported the largest occupancy increase, rising 16.0 percent to 83.9 percent, followed by San Diego, California (+11.8 percent to 70.0 percent), and Dallas, Texas (+11.0 percent to 62.7 percent). Philadelphia, Pennsylvania-New Jersey, posted the largest occupancy decrease, falling 2.4 percent in occupancy to 68.6 percent
St. Louis posts top occupancy, RevPAR gains
St. Louis achieved the largest occupancy and revenue-per-available-room increases during the week of 6-12 May 2012, according to data from STR, parent company of HotelNewsNow.com.
The market’s occupancy rose 22.1% to 71.4%, its RevPAR jumped 29.8% to $61.26 and its average daily rate increased 6.3% to $85.82.
Marriott Vacations Off to Strong 2012 Start
Marriott Vacations Worldwide Corporation (NYSE: VAC), the world’s leading pure-play vacation ownership company recently spun off from Marriott International in late 2011, is off to a strong start as an independent company. At least that’s one way to view the global timeshare company after Marriott recently reported its first quarter 2012 financial results.
Leisure Travel Summit Sees Steady Increase In Summer Bookings
Senior executives from Best Western International, AAA, and the U.S. Travel Association, participating in the seventh annual Leisure Travel Summit here, forecast a healthy uptick in summer travel.Dorothy Dowling, senior VP for marketing & sales at Best Western, said advance summer bookings were up 21 percent, compared to last year, but still lagged the booking pace set in 2006-2007. Pent-up demand, coming out of the recession, especially among families with children, helped drive bookings last year and is likely to be a factor this summer as well, noted Bill Sutherland, AAA VP for travel.
World's top 15 travel destinations
Life in the U.S. in the debris of the Great Recession is slowly beginning to improve. Consumer confidence, while still sensitive to trouble signs (Greece, anyone?), is creeping up. One sure sign: More American are taking vacations. According to recent data from the U.S. Office of Travel and Tourism Industries (OTTI), 8.1 million people traveled abroad in the first two months of the year. That’s a six percent increase over the same time period in 2011.
Indulge In Missouri's Wine Country
For you perfect vaction, stay at the only full service resort in Missouri’s Wine Country, the Cedar Creek Confernence Center in New Haven, MO. www.cedarcreekcenter.com
For a relaxing weekend, visit Missouri’s wine country. Take in the history of the area or just relax at a local winery enjoying the picturesque scenery while sipping some of the nation’s finest wines.
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