Hotel Industry Trends

PricewaterhouseCoopers' U.S. lodging forecast expects the lodging recovery that accelerated in the first half of 2010 to gain further traction during the remainder of 2010, as increasing demand begins to rebalance pricing power. - More

Back in December 2003, Smith Travel Research published a much discussed article titled, 'The Billion Dollar Leak - The Impact of The Merchant Model on US Hotel Profits.' In this article the authors attempted to quantify the financial impact of third party sites on U.S. hotel industry room revenues and profits. To describe this loss, they coined ... - More

Until this summer, the 16,000 gallons of groundwater that runs below the Mansion House Inn, Health Club & Spa was a nuisance. Because the inn’s subbasement sits in the middle of the groundwater, the water constantly had to be pumped away to protect the structure. Now, the water is an asset. How so? - More

322 hotels/67,680 rooms are expected to open throughout EMEA in 2012. A three-year topping off period is expected for New Openings through 2012, as the Construction Pipeline empties itself of up to 72% of its projects. - More

A new travel survey finds that 90% of British holidaymakers have become more wary of booking a holiday with a less-known travel firm following the recent collapse of smaller travel companies, Kiss Travel, Sun4U and Goldtrail. - More

European Chain Hotels Market Review - July 2010 - More

While there is oversupply of golf in many markets, the tertiary impact of golf on the financial performance of resorts remains the driving force for inclusion. This article explores the impacts of golf on occupancy, rate and revpar at golf resorts. - More

Yet, SnagAJob.com survey finds one-third say the ‘worst is yet to come’ in U.S. economy - More

Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. - More

In year-over-year measurements, the industry’s occupancy increased 8.2 percent to 65.3 percent. Average daily rate rose 1.5 percent to US$97.32. Revenue per available room increased 9.8 percent to US$63.59. - More