HTrends Issue: June, 9 2023 |  Read Online

HTrends

Weekly Hospitality Trends Update

Americans Expect to Spend a Record-breaking $214 Billion on Summer Vacations This Year

Americans Expect to Spend a Record-breaking $214 Billion on Summer Vacations This Year

The figure represents approximately a 10% increase over 2022, a 39% increase over 2021, a staggering 261% over 2020, and remarkable 111% increase compared to pre-pandemic spending in 2019. Read more

Trends

 

Travel Trends Report
British Airways Holidays Reveals Travel Trends: All-inclusive on the Rise and Holiday Packages in Vogue With Millennials

Global Airline Passenger Traffic
Global Airline Passenger Demand Continues Strong in April; Domestic Traffic Fully Recovered

NYU International Hospitality Industry Investment Conference
Forecast Projects US Hotel Revenue Growth but Lower Profit Margins - CoStar

Hidden Fees
Hotels Are Hiding Nonrefundable Fees - Washington Post

Hotel Cost Estimating Guide
NEHMER & HVS Release 2023 Hotel Cost Estimating Guide

NYU International Hospitality Industry Investment Conference
Hoteliers Optimistic About Operations, Less So About Financing - CoStar

Business Travel Trends
ForwardKeys Reports Business Travel Set to Overtake Leisure This Spring

U.S. Employment Trends
U.S. Employment in Leisure and Hospitality Up in May (+33,000)

U.S. Restaurant Employment Trends
U.S. Restaurants Added 33,000 Jobs in May

Hotel Sustainability
Hotel Sustainability Benchmarking Index 2023: Carbon, Energy, and Water

Global Economy
Euromonitor Global Risk Index Warns of Stagflation in UK, US and Eurozone

Catering Trends
Is Lunch Hour the New Happy Hour? Majority of American Workers Want to Socialize During Work Hours

National Restaurant Association Show
Cool Trends from the National Restaurant Association Show 2023

Artificial Intelligence
The Looming Algorithmic Divide: Navigating the Ethics of AI - By Scott A. Snyder and Hamilton Mann

Market Report U.S.
STR U.S. Hotel Performance Review for April 2023

Restaurant Service
Chili's Has Become the Gold Standard for Restaurant Service in These Inhospitable Times - Business Insider

Market Report U.S.
U.S. Hotels Report 66.8% Occupancy for Week Ending May 27th - Up 0.6% from 2022

Market Report U.S.
STR and Tourism Economics Report Upgrade U.S. ADR and RevPAR Forecast; Profit Growth to Be Limited

Market Report U.S.
CBRE U.S. Hotels State of the Union May 2023 Edition

Market Report South America
HVS South America Outlook & Opportunities 2023 - By Fernanda L'Hopital

Beverage Trends
New Research Finds Consumers Want to Engage with Restaurants Offering Innovative Alcohol Programs to Enjoy Both on and off Premises.

Market Report U.K.
U.K. Hotels Must Accelerate Transformation As Cost Pressures Hit the Bottom Line

Market Report U.S.
As Expected with the Memorial Day Holiday, U.S. Hotel Performance Decreased for Week Ending June 3rd

North American Meeting Trends
Chicago Leads in U.S. Meetings and Events in May for Second Month

U.S. Airlines Fuel Use
U.S. Airlines April 2023 Fuel Consumption Back to Pre-pandemic Levels

Staffing Crisis
82% of Surveyed U.S. Hotels Report Staffing Shortages

Meeting Trends
Industry Research Identifies Evolving Behaviors and Motivators Shaping the Future of Meetings and Events

Hotel Performance Trends
Weekly Global Hotel Performance Trends from STR: 21 - 27 May 2023

 

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