Drawing on data from every sector of the travel industry (and beyond) this new Skift report provides an overview of the ecosystem. From key verticals, such as airlines and hospitality, to focused themes and new ideas — e.g. China's rise as a force in tourism; the emergence … [Read more...] about 2014 State of Travel Report
Archives for September 2014
The first half of each year includes several large-scale events for hotels, such as the Super Bowl, spring break, graduations and Memorial Day. This year, hotels also have rising economic confidence to thank for rates reaching near record highs. The Hotels.com Hotel … [Read more...] about Average US Room Rates up 5% in 1st Half 2014
CIP President Joe Kennedy had the opportunity to speak with the Portland Buisness Journal regarding prospects for the historic Heathman Hotel and the hospitality marketplace in the Pacific Northwest. Portland’s iconic Heathman Hotel and it’s sibling property outside … [Read more...] about CIP Weighs in on Who Will Buy the Heathman?
ATLANTA—The U.S. lodging industry will achieve 65% occupancy in 2015, the highest national occupancy rate since STR, Inc. began reporting data in 1987, according to the recently released September 2014 edition of PKF Hospitality Research’s (PKF-HR) "Hotel Horizons." By … [Read more...] about PKF Forecasts Record Occupancy in 2015
A recent survey from TravelClick on online marketing spending showed that as many as 40 percent of hoteliers have not increased marketing spending on Facebook year over year, with a further 34 percent not advertising on Facebook at all. The survey stated that hotels may be … [Read more...] about Hotels Not Increasing Online Marketing Spending