2010-09-02
International tourist arrivals are estimated to have grown by 7% in the first half of 2010. While growth was modest in April as a consequence of the closure of European airspace following the eruption of a volcano in Iceland, results were strong in May (+10%) and June (+8%). Data available for July indicates that growth is set to continue at a s... - More
2010-09-02
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 6.6 percent to 74.6 percent. Average daily rate increased 1.4 percent to CAD$129.11. Revenue per available room for the week rose 8.0 percent to CAD$96.34. - More
2010-09-01
After seeing signs of improvement in the travel industry at the start of the year, conditions are beginning to get a bit murky. It's too soon to tell whether the weakening demand was the result of travelers opting to take advantage of a stronger U.S. dollar and travel to Europe, or if it is a reflection of a more cautious consumer. - More
2010-09-01
Lodging Interactive an award winning interactive and social media marketing agency servicing the hospitality industry, today announced Link2Brand an innovative marketing solution for branded hotels. With Link2Brand hotels can launch their own marketing campaigns without the need of a dedicated hotel website; Link2Brand links directly to the bran... - More
2010-08-31
Few tax authorities have fully recognized the decline in hotel values across the United States. It’s no wonder then that growing numbers of hotel owners and operators are giving more serious thought to contesting or appealing their hotel property tax values. - More
2010-08-30
Until this summer, the 16,000 gallons of groundwater that runs below the Mansion House Inn, Health Club & Spa was a nuisance. Because the inn’s subbasement sits in the middle of the groundwater, the water constantly had to be pumped away to protect the structure. Now, the water is an asset. How so? - More
2010-08-30
Back in December 2003, Smith Travel Research published a much discussed article titled, 'The Billion Dollar Leak - The Impact of The Merchant Model on US Hotel Profits.' In this article the authors attempted to quantify the financial impact of third party sites on U.S. hotel industry room revenues and profits. To describe this loss, they coined ... - More
2010-08-27
In year-over-year measurements, the industry’s occupancy increased 8.2 percent to 65.3 percent. Average daily rate rose 1.5 percent to US$97.32. Revenue per available room increased 9.8 percent to US$63.59. - More
2010-08-27
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. - More
2010-08-26
In year-over-year measurements, the Canadian hotel industry’s occupancy was up 3.0 percent to 75.5 percent. Average daily rate ended the week virtually flat with a 0.2-percent increase to CAD$129.19. Revenue per available room for the week rose 3.1 percent to CAD$97.49. - More
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