The economic situation in the United States and Canada is improving and with it has come a renewed increase in foreign trips in 2014. People in North America travelled more often than last year and stayed longer at their destinations, with stays of more than four overnights increasing by eight per cent.
The U.S. Department of Commerce has announced that for the first eight months of 2010, 40.2 million international visitors travelled to the United States, a 12 percent increase over the same period in 2009. Spending reached $88.2 billion for the period.
2009 Hotel Price Index (HPI) Reveals Travel Trends for all States, Major U.S. Cities, International Destinations
Some of the best rated luxury hotels in New York City that continue to lure its clients for several decades include but not limited to…
It is official: Palm Springs & the Desert Cities are host of the second Hotel Week of its kind happening May 14th to 28th, 2010. And www.palmspringshotelweek.com/ is delighted to welcome its first participating hotel: The Embassy Suites Palm Desert.
In year-over-year measurements, the industry’s occupancy ended the month virtually flat with a 0.4-percent decrease to 45.1 percent. Average daily rate dropped 7.1 percent to finish the month at US$93.93. Revenue per available room for the month decreased 7.4 percent to finish at US$42.35.
PKF Hospitality Research (PKF-HR) today announced that, according to its December 2009 edition of Hotel Horizons, the pace of recovery of the U.S. lodging industry has accelerated from previous expectations. Improving industry data for such key indicators as occupancy, RevPAR, and demand suggest that the recovery will arrive a full quarter earlier than the firm expected in September 2009. These improvements are reflected in the firm’s updated forecasts for 2009 and 2010 in its just published December issue of Hotel Horizons.
The U.S. hotel industry posted declines in all three key performance measurements during the week of 26 July-1 August 2009, according to data from STR
STR reports U.S. hotel performance for week ending 25 July 2009
The U.S. hotel industry revenue per available room dropped 18.7 percent to US$53.87 percent for the first half of 2009 in year-over-year measurements, according to data from STR