HTrends Issue: April, 28 2023 |  Read Online

HTrends

Weekly Hospitality Trends Update

Earth Day 2023 - Is Concern and Focus Slipping on Climate Change?

Earth Day 2023 - Is Concern and Focus Slipping on Climate Change?

A new global Ipsos survey of 21,231 adults reveals that, on average across 29 countries, just under a third (31%) of people agree that their government has a clear plan in place for how government, businesses and people are going to work together to tackle climate change. Agreement has fallen since last year by an average of 8 percentage points across the 26 countries surveyed both in 2022 and this year. Read more

Trends

 

Mothers Day

Get Ready for the Mother of All Restaurant Holidays

Mother’s Day springs into action, bringing booming business all weekend to restaurants serving breakfast, brunch, lunch and dinner. Read more

 

Travel Spending Trends

Businesses Travel Spend Up Substantially YoY Despite Tighter Budgets and Economic Uncertainty

In Q4 2022, business travelers averaged 4.13 nights per hotel stay. This reflects a 55% increase in trip length over the same quarter in 2021. Compared to Q4 2019, however, it shows an 8% decrease in trip length. The number of hotel reservations is up 89% over Q4 2021 but still 45% lower than in 2019. Read more

 

2023 Travel Trends

According to Omio Travel Searches Are Up 133% Overall Showing That Travel Remains a High Priority for Consumers

Travel Trends - Cost Is Key: Flight Prices Jumped By 58% And Train Prices Stayed Stable, With Total Rail Travel Increasing By 20% From 2019 To 2023 Read more

 

2023 Travel Trends

While Threats of a Recession Loom, Travelers Are Still Seeking out Travel Experiences and Travel Companies Are Refreshing Their Offerings

The Points Guy Releases First-of-its-kind Trends Report Ahead of the Year's Biggest Travel Moments Read more

 

In Brief

 

Hotel Pricing Trends
Charleston, South Carolina the Most Expensive US Destination for Accommodation This Spring

Hotel Construction Pipeline U.S.
U.S. Hotel Construction Pipeline Increases in All Project Stages Year-Over-Year

Business Travel Trends
GBTA Industry Poll Reveals Key Drivers Poised to Shape the Path Ahead for Global Business Travel

U.S. Travel Trends
International Travel and Tourism Visitor Spend in the U.S. Up More Than 150% from Last Year

Global Hotel Construction Pipeline
STR Reports Hotel Construction Down Across All World Regions

Global Travel Trends
Global Travel & Tourism Catapults into 2023 According to WTTC

Hotel Development India
Indian Hotel Sector - Brand Signings in 2022 - By Mandeep S Lamba and Dipti Mohan

Hotel Revenue Management
How Hotels Revenue-Manage Different Room Types - CoStar

Green Travel And Eco Stays
New Benchmarking Study Outlines Corporate Best Practices For Managing Business Travel’s Climate Impact

Market Report Canada
STR Reports Canada Hotel Occupancy Reached Five Month High in March

Market Report U.S.
U.S. Hotels Report 65.3% Occupancy for March 2023 - Down 4.0% from 2019

Market Report U.S.
STR Reports Seasonal Momentum Shifting in U.S. Hotel Performance

Hotel Performance Trends
Weekly Global Hotel Performance Trends from STR: 9 - 15 April 2023

Market Report China
Chinese Tourists Are Back Travelling, but What Can We Expect from the Rebound?

Market Report Portsmouth
HVS Market Report Portsmouth, NH Shakes off Pandemic-Era Rust & Shows Promise for Future - By Erich Baum

Market Report U.S.
U.S. Hotels Report 67.2% Occupancy for Week Ending April 22nd - Up 2.3% from 2022

Market Report U.K.
STR Reports Coronation, Eurovision Driving Hotel Bookings in Key U.K. Markets

Market Report Boise
HVS Market Report Boise, Idaho: Small Big City in the Convention Landscape - By Lauren Reynolds and Eileen L. Bosworth

Market Report India
HVS Anarock India Hospitality Industry Review 2022

 

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