Hospitality Trends
June, 20 2019
 
 
 
Why Amazon Should Acquire Airbnb, and It's Not for the Love of Travel
 
Why Amazon Should Acquire Airbnb, and It's Not for the Love of Travel - By Jason Price, EVP, NextGuest
 
Amazon has set the chessboard to succeed in the travel vertical – in a way that is not expected. Read More
 
U.S. Airline Traffic Data
Estimated May 2019 U.S. Airline Traffic Data
Estimated May 2019 U.S. Airline Traffic Data
 
U.S. airlines carried an estimated 77.4 million systemwide (domestic and international) scheduled service passengers in May 2019, seasonally-adjusted, according to the Bureau of Transportation Statistics’ (BTS) first estimate, up 0.2% from the April second estimate. Read more
 
U.S. Air Ticket Sales Trends
ARC Reports U.S. Travel Agencies Sold Over $9 Billion Worth of Air Tickets in May
ARC Reports U.S. Travel Agencies Sold Over $9 Billion Worth of Air Tickets in May
 
May Also Saw a 3.5% Increase in Passenger Trips Compared to May 2018 Read more
 
Canadian Hotel Lending Survey
2019 Canadian Hotel Lending Survey - By Shu Lin (Sharon) Liu and Carrie Russell
 
HVS reviewed and analyzed the current lending environment for hotels following a comprehensive survey conducted among Canadian hotel lenders. Read more
 
U.S. Airline Industry Performance
First Quarter 2019 U.S. Airline Financial Data
First Quarter 2019 U.S. Airline Financial Data
 
U.S. scheduled passenger airlines reported a first-quarter 2019 after-tax net profit of $2.1 billion, the 24th consecutive annual after tax profit, and a pre-tax operating profit of $3.3 billion, the 32nd consecutive quarterly pre-tax profit. Read more
 
U.S. Airline Employment Trends
April 2019 U.S. Passenger Airline Employment Data
 
April’s 446,323 full-time equivalents (FTE) was the highest employment total for any month since April 2003 (449,288 FTEs). Read more
 
Food Waste Management
AI Technology Helps IHG Hotels Track, Measure and Reduce Food Waste
AI Technology Helps IHG Hotels Track, Measure and Reduce Food Waste
 
InterContinental Hotels Group (IHG) has announced a partnership with technology company Winnow to help its hotels automatically track, measure and reduce food waste for more sustainable and efficient restaurant and bar operations. Read more
 
CBRE Hotel Horizons Forecasts
Poor Performers - By Robert Mandelbaum
Poor Performers - By Robert Mandelbaum
 
According to the March 2019 edition of CBRE’s Hotel Horizons® forecast report, the 2019 average annual occupancy level for U.S. hotels is projected to be 66.2 percent. This will mark the sixth consecutive year of occupancy levels above the 62.5 percent long-run average, and fifth year above the pre-2014 historical high of 64.8 percent. Despite such healthy market conditions, not all hotels are enjoying lofty levels of performance. Read more
 
Restaurant Trends
Restaurant Trends - Growing And Emerging Concepts - Change and Activity June 18, 2019
Restaurant Trends - Growing And Emerging Concepts - Change and Activity June 18, 2019
 
Update from Restaurantdata.com on growing and emerging restaurant concepts Read more
 
Hospitality Social Media News
Hospitality Social Media Marketing News - June 16, 2019 Issue
Hospitality Social Media Marketing News - June 16, 2019 Issue
 
Dying to know what’s new in social media and how it could affect your hotel or resort? This month we’ve got changes from Instagram, Twitter, and YouTube, along with a few issues of note on Facebook. Let’s take a look at each and what it means for you. Read more
 

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In Brief...
 

Market Report Puerto Rico
Puerto Rico Lodging Market Poised for Comeback

The Hotel Of The Future
Welcome to the Hotel of 2119 - Moon-Walking Mini-Breaks, 3D-Printed Room Service and Hyper-Personalised Spaces

Luxury Hotel Brands
Why Donít Luxury Hotel Brands Truly Differentiate? Have They Run out of USPs? - By Jochen Ehrhardt

 
 
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