Interest Rates
JLL - What Higher for Longer Rates Mean for Real Estate
Despite moderating inflation, interest rates are expected to remain elevated
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Topic - Trends
Group Booking Trends
How Hotel Size and Location Affect Group Demand and Average Daily Rates - CoStar
Hotels in urban markets have yet to fully recover to pre-pandemic levels of group occupancy and rates, while resorts and suburban hotels have surged ahead.
Travel Intentions
Q3 2023 Traveler Insights: Traveler Enthusiasm Holds Strong - By Jennifer Andre
Building on the findings from our Path to Purchase research, the latest installment of our quarterly Traveler Insights report looks at Expedia Group’s exclusive first-party traveler search and booking data to show shifting demand patterns and changing traveler behaviors.
Hotel Construction Pipeline Middle East
Projects in Early Planning in the Middle East Hotel Construction Pipeline Hit All-Time High in Q2 2023
In the recent Middle East Hotel Construction Pipeline Trend Report from Lodging Econometrics (LE), the region continues to show steady pipeline growth in the second quarter of 2023, with the highest project count since Q1 2020. The total pipeline stands at 597 projects/146,521 rooms, up 10% and 5%, respectively, year-over-year (YOY).
Hyprid Working
Hybrid Jobs Surge 29% YoY in Q2 2023 As Companies Embrace Flexibility
GlobalData's latest report, 'Global Hiring Activity – Trends & Signals Q2 2023', reveals that job postings related to hybrid work increased in industries such as travel & tourism, retail, and financial services.
Market Report India
HVS Anarock India Hospitality Industry Review August 2023
Read the latest edition of the HVS ANAROCK monthly industry update, Hotels & Hospitality Overview (H2O), for the key trends in the Indian hospitality industry.
Concert Tours
Taylor Swift's Eras Tour - Look What You Made Me Do To The U.S. Economy (Taylor's Version) - By Anthony Davis
Taylor Swift’s Eras Tour has had an estimated $4.6 billion impact on the US economy. This seems absurd at first, but HVS analysis reveals that Swift’s tour is an immense outlier from other concert tours in attracting attendees from out of town. More than 3.7 million people travelled more than 100 miles from home to see Swift perform.
Hotel Revenue Management
First Class Revenue: Optimizing Your Premium Inventory - By Anthony Rose
Like a first-class seat on an airplane, dynamically optimizing upgraded room classes can unlock significant revenue potential. As an industry what best practices could be applied to maximize the RevPAR growth opportunity this presents? I recently brought this question to the HSMAI Revenue Optimization Rising Leader Council for collaboration.
Workplace Wellbeing
Improving Wellbeing at Work: Hospitality Leaders, You Need Those Tips!
In this article, we’ll explore the impacts and determining factors of workplace wellbeing, plus share some tips and best practices that you can apply immediately to improve the wellness of your collaborators.
Labor Day Travel
Travel Outlook: Labor Day 2023 Demand - Koddi
In comparison, 2023 experienced an earlier onset of interest at the beginning of June. At the start of August, there was an uptick in demand for 2022 that was not observed in 2023.