Hotel Industry News - Trends

As the recession sapped demand for travel, hotel operators got creative. They shut down restaurants, closed floors and even cut back on newspaper delivery to ride out the downturn. - More

With almost 50% of traffic numbers available, the February pax numbers are down by more than (2.4%) - More

Travel professionals report a confident outlook and see an increased role for service, technology, and specialization to serve the needs of future travelers - More

Online Luxury Hotel Deal Expert's Annual Survey Reveals Preferences, Travel Booking Practices and Most Sought-After Destinations of More Than 6,000 Travelers - More

In year-over-year measurements, the industry’s occupancy decreased 0.4 percent to 55.3 percent. Average daily rate fell 0.9 percent to finish the week at CAD$125.36. Revenue per available room for the week dropped 1.3 percent decrease to CAD$69.36. - More

The total active U.S. hotel development pipeline includes 3,551 projects comprising 368,740 rooms, according to the February 2010 STR/TWR/Dodge Construction Pipeline Report released this week - More

When the economy slows, many businesses react by retrenching and cutting costs in order to weather the downturn.
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European Cities Marketing (ECM) represents more than 100 major cities in 33 countries. An analysis of a representative sample of European cities conducted by the association shows that the European city tourism market has experienced a surprisingly fast recovery in visitor flows beginning in the second half of 2009. - More

Among other victims of the recession, brands have taken a beating. Private labels have gained market share. Consumers are cutting back. Retailers are turning up the heat. According to panelists who gathered to discuss brand strategy at a recent Wharton Marketing Conference titled, "Connecting with the Evolving Consumer," marketers need to be esp... - More

From February to March 2010, the average price of hotels in Europe stayed constant at 93 pounds. Compared to March 2009's average of 100 pounds a night, this represents a seven percent drop. Prices in 34 of the top 50 European cities also decreased in comparison to last year. In contrast, prices in London have increased by six percent. These are... - More