Summer ADR and RevPAR saw positive movement
Originally seen HERE. Travel continues to move in a positive trend, according to the Mews Data Snap, a real-time measure of hospitality’s performance during the summer of 2023 (June, July, and […]
Articles
Tripadvisor: U.S. Travel to Remain Strong This Fall
Tripadvisor released the next in its Seasonal Travel Index series, revealing data and trends about what to expect for travel this fall. Although the popular summer vacation season is coming […]
Survey: Business travel jumps 46% compared to pre-pandemic
Originally seen HERE. Despite rocky economic conditions and pressures within organizations to cut down on travel costs, business travel is making an unexpected and robust comeback. According to Capterra’s 2023 Travel […]
It Likely Doesn’t Get Any Better for 2023: US Weekly Hotel Occupancy Peaks at 73%
Absolute Occupancy Best Since August 2019, but Trails That Year’s Peak Week By Nearly 5% Originally seen HERE. Weekly occupancy across the U.S. hotel industry reached its likely peak of […]
Taylor Swift’s effect on the economy has caught the eye of the Fed
Originally seen HERE. Taylor Swift’s Eras Tour, which consists of 131 concerts across 17 states and 5 continents, has caught the attention of the Federal Reserve because of its noticeable […]
Develop a holistic approach to improving the P&L
ORIGINALLY SEEN HERE. A panel of industry experts gathered to discuss how to rethink operations to maximize long-term asset valuation. Editor’s note: This roundtable was sponsored by Actabl, whose leaders […]
Staffing shortages persist despite hiring efforts, record wages
Originally seen HERE. At the start of the year, the U.S. Bureau of Labor Statistics released a report showing the overall economy added 517,000 jobs. The leisure and hospitality sector […]
CEOs Provide Rosy Outlook at NYU Conference
Originally seen HERE. With a world on the verge of “normalization,” demand persistence, supply weakness and strong employment have major U.S. CEOs seeing even more upside to the recovery. The […]
