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Trends |
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U.S. International Visitation Up 14 Percent in May 2008
The U.S. Department of Commerce announced that 4.3 million international visitors traveled to the United States in May 2008, an increase of 14 percent over May 2007. International visitors spent a record $11.8 billion during the month, an increase of 21 percent from May 2007, and $57.4 billion for the year, up 22 percent.
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PKF Conducting Study of Hotel Spas Analysis Focuses on Revenues, Expenses, and Profits
Over the past decade, hotels across the nation have added spa operations to meet escalating consumer expectations and to increase revenues and profits. As hotel spas become more prevalent, the need for effective management is imperative. Accordingly, PKF Hospitality Research (PKF-HR) is currently collecting data for its second annual Trends in the Hotel Spa Industry report.
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Global Hotel Sales Decline 76%
But $13.9 billion worth of global hotel transactions still close in the first half of 2008
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Canadian Occupancy, ADR, RevPAR - Week Ending July 26, 2008
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.
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