HTrends Issue: April, 7 2023 |  Read Online
HTrends

Weekly Hospitality Trends Update

Trends
 

Travel Intentions

Hotel Bookings Up More Than 300% over Last Year According to AAA

International trips are on the rise this year. According to AAA booking data, international travel is up more than 200% compared to 2022. Hotel bookings are seeing the biggest jump, up more than 300% over last year. The spike in demand is driving up airfares. Ticket prices for international trips are up more than 30%. Read more
 

Portrait Of American Travelers

With Summer Travel on the Horizon, 7 in 10 Americans Are Ready to Roam Despite Economic Challenges

MMGY Global survey observes decrease in overall travel intent but also notable upticks in trip frequency, international trips and planned spending Read more
 

Hotel Pricing Trends

Clever New Way Hotels Will Charge More For The Same Room - GodSaveThePoints

Thanks to new 'attribute based' technology, there’s no escaping that the sales process for hotel rooms will change more in the next two years than in the last 25. Read more
 

North American Meeting Trends

Knowland Reports Nearly 80 Percent Year-over-year Growth in U.S. Meetings and Events

The leading industry driver for meetings was National Associations across four of the top five markets. Read more
 

In Brief
 

Global Airine Passenger Traffic
Global Air Travel Growth Continues in February

Hotel Performance Trends
Global Hotel Occupancy Dips - Weekly Hotel Performance Trends from STR: 19 - 25 March 2023

Guest Reviews
What Guest Reviews Reveal About DACH Hospitality in 2022? 5 Insights from Our Research - By Catalina Brinza

State Of The Restaurant Industry
State of the Restaurant Industry - From Temporary Fix to Permanent Solution

Hotel Brokers
Hotel Broker Vs. Trusted Advisor - By Robert J. Webster

Market Report Europe
Key Europe Markets Showed Improved GOPPAR in February

Market Report U.S.
U.S. Hotels Report RevPAR for the Week Ending April 1st at US$104.78 - Up 15.7% from 2019

Market Report U.S.
STR Reports U.S. Hotel GOPPAR for February at Highest Level Since October 2022

Market Report Chicago
Recent Lodging Trends and Outlook for Chicago, Illinois - By Amy Schmidt and Brian Arevalo

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

Revenge Travel
So Much for Revenge Travel. Hotel Rooms Over $500 a Night Are Too Much Even for Rich Travelers - Bloomberg

Market Report Japan
Japan Hotel Performance Surpassed 2019 Levels in the Final Two Months of 2022

Market Report Norfolk-Virginia Beach
HVS Market Report - Norfolk-Virginia Beach MSA: A Full Recovery - By Chelsey Leffet

U.S. Airline Fuel Consumption
U.S. Airlines February 2023 Fuel Cost Per Gallon Down 1.7% from January 2022

Global Air Cargo Trends
Global Air Cargo Shows Signs of Improvement in February

Guest Reviews
TrustYou Reveals Top Guest Review Sources in 2022 - By Catalina Brinza
 

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