Hospitality Net

JANUARY 18, 2024

Travel Association today released its biannual forecast for travel to and within the United States through 2027, showing international inbound travel and domestic business travel will continue to remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released just days after U.S.

Forecasting 237

Forecasting Business Travel Tourism 237

Hospitality Net

JANUARY 23, 2024

STR and Tourism Economics ​made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 just released at the Americas Lodging Investment Summit (ALIS).

Forecasting 176

Forecasting Tourism Hotels 176

Hotel Management

JUNE 6, 2023

STR and Tourism Economics have upgraded the 2023 United States hotel forecast, released at the 45th Annual NYU International Hospitality Industry Investment Conference in New York this week (June 5). from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5%

Forecasting 265

Forecasting Average Daily Rate Occupancy Tourism 265

Hotel News Resource

NOVEMBER 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

Average Daily Rate 111

Average Daily Rate Forecasting Tourism Revenue 111

Lodging

JUNE 5, 2023

NEW YORK—STR and Tourism Economics upgraded the 2023 U.S. hotel forecast at the 45th Annual NYU International Hospitality Industry Investment Conference. percent from the previous forecast, but projections for average daily rate (ADR) and revenue per available room (RevPAR) were lifted 1.5 percent and 1.3 percent and 1.3

Forecasting 147

Forecasting Average Daily Rate Occupancy Tourism 147

Skift Blog

JUNE 18, 2023

planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled U.S. planemaker Boeing slightly raised its annual 20-year forecast for new jetliner deliveries, propelled by the strength of the narrowbody market fueled by demand from low-cost carriers.

Forecasting 257

Forecasting Market Marketing Tourism 257

Hotel News Resource

JANUARY 23, 2024

STR and Tourism Economics made minimal adjustments to growth projections in the first U.S. hotel forecast of 2024 just released at the Americas Lodging Investment Summit (ALIS).

Forecasting 80

Forecasting Tourism Hotels 80

Hospitality Net

AUGUST 24, 2023

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report today reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.

Tourism 182

Tourism Forecasting Travel 182

Hospitality Net

MAY 1, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the U.S. Travel & Tourism sector is forecast to exceed the 2019 peak this year.

Tourism 203

Tourism Travel Forecasting 203

Hospitality Net

JUNE 5, 2023

STR and Tourism Economics upgraded the 2023 U.S. hotel forecast just presented at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.

Forecasting 130

Forecasting Tourism Operations Hospitality 130

eHotelier

DECEMBER 20, 2023

VisitBritain has today, published its tourism forecast for 2024 showing an increase in inbound visits and spending overall to the UK compared to 2023 levels, although with varying rates of recovery and growth across its major inbound visitor markets.

Forecasting 52

Forecasting Tourism Market Marketing 52

Lodging

JANUARY 18, 2024

Travel Association released its biannual forecast for travel to and within the United States through 2027, showing that international inbound and domestic business travel will remain below pre-pandemic levels in 2024. The forecast, prepared by Tourism Economics, was released after U.S. WASHINGTON—The U.S.

Travel 290

Travel Business Forecasting Tourism 290

Hotelier Magazine

AUGUST 16, 2023

STR and Tourism Economics lowered their year-over-year growth projections in the revised 2023-24 U.S. hotel forecast presented at the recent 15th annual Hotel Data Conference. The post STR and Tourism Economics Lower Growth Forecast for U.S. PARSIPPANY, N.J. — per cent, due to a 0.6-

Forecasting 52

Forecasting Tourism Average Daily Rate Occupancy 52

eHotelier

AUGUST 20, 2023

Speaking at a panel session at the Hyatt Regency Pravets Resort in Bulgaria today, World Travel & Tourism Council (WTTC) President & CEO Julia Simpson revealed that the WTTC 2023 Economic Impact Research (EIR) today forecasts that 10% of the Bulgarian economy will come from Travel & Tourism by 2033.

Forecasting 52

Forecasting Tourism Travel Resorts 52

Hotel News Resource

JULY 26, 2023

Speaking at a panel session at the Hyatt Regency Pravets Resort in Bulgaria today, World Travel & Tourism Council (WTTC) President & CEO Julia Simpson revealed that the WTTC 2023 Economic Impact Research (EIR) today forecasts that 10% of the Bulgarian economy will come from Travel & Tourism by 2033.

Forecasting 52

Forecasting Tourism Travel Resorts 52

Hotel Business

APRIL 8, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed that the U.S. Travel & Tourism sector has contributed more to the U.S. According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution grew by 7% to reach a total of $2.36

Tourism 59

Tourism Travel Forecasting Market 59

eHotelier

MAY 29, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals China’s Travel & Tourism sector’s GDP contribution is forecast to grow more than 150% this year.

Forecasting 52

Forecasting Tourism Travel 52

Hotel Business

MAY 1, 2023

The World Travel & Tourism Council ’s (WTTC) 2023 Economic Impact Research (EIR) has revealed that the U.S. travel & tourism sector is forecast to exceed the 2019 peak this year. WTTC is also forecasting that the sector will create more than 1.2 WTTC is also forecasting that the sector will create more than 1.2

Tourism 111

Tourism Travel Forecasting Market 111

Hotel Management

NOVEMBER 30, 2023

Uluru is set for a tourism boost with Virgin Australia announcing two new direct services from Melbourne and Brisbane to be introduced from June next year. The new services will also support the growth of the Indigenous Tourism sector, contributing to the Northern Territory’s more than $3 billion visitor expenditure.

Tourism 130

Tourism Travel Forecasting Services 130

eHotelier

NOVEMBER 20, 2023

STR and Tourism Economics lifted year-over-year growth projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2023.

Forecasting 52

Forecasting Average Daily Rate Tourism Revenue 52

Hotel Management

FEBRUARY 13, 2024

Both Melbourne and Sydney properties are forecasted to have 100% occupancy during concert dates and transient revenue is up to 30% stronger in comparison to other popular concerts,” Hutton told HM exclusively, noting that many hotel guests are asking if they are able to decorate their rooms with Taylor merchandise.

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Occupancy Tourism Events Accommodation 291

Amadeus Hospitality

APRIL 30, 2024

Data shows strong growth, especially in the Caribbean and Central America April 30, 2024 – Demand for travel to destinations across the Americas is on the rise, a new report released today by Amadeus in collaboration with UN Tourism shows. UN Tourism data shows that an estimated 1.3 The full report is now available to download. [1]

Tourism 59

Tourism Occupancy Travel Market 59

Hospitality Net

MARCH 14, 2024

This report covers 39 destinations within Asia Pacific forecasting from 2024 up to 2026 in a series of three possible scenarios.

Forecasting 130

Forecasting Tourism Travel Market 130

Hotel News Resource

JUNE 5, 2023

STR and Tourism Economics upgraded the 2023 U.S. hotel forecast just presented at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.

Forecasting 52

Forecasting Tourism Operations Hospitality 52

Hospitality Net

MARCH 11, 2024

Predicting demand for overnight accommodations is essential for everyone in the hospitality and tourism industry. This blog post investigates the factors that drive travel and offers insights into how accommodation providers can better forecast demand based on the motivations behind a visitor’s journey.

Accommodation 186

Accommodation Forecasting Tourism Travel 186

Skift Blog

APRIL 13, 2023

Skift Take: Today’s edition of Skift’s daily podcast looks at Waldorf Astoria’s India expansion, American Airlines’ forecasts, and Japan’s tourism shortfalls. Rashaad Jorden Read the Complete Story On Skift

Forecasting 245

Forecasting Tourism Hotels 245

Hospitality Net

FEBRUARY 1, 2024

Incantation or substantiated forecast? But this come-back to an obsession with volume eventually masks the true value of our tourism. Abandoned in the post-Covid reconstruction phase, the goal of 100 million international tourist arrivals is making a comeback in 2024. In any case, the announcement has had an impressive effect.

Forecasting 189

Forecasting Tourism 189

Hotel Business

AUGUST 22, 2023

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in travel & tourism investment, overcoming pandemic setbacks and signaling a strong return to growth. ” A look into the future WTTC forecasts robust 11.5%

Tourism 98

Tourism Travel Forecasting Closing 98

eHotelier

FEBRUARY 16, 2023

This strong tourism rebound is expected to continue well into 2023, though at a slower pace. Looking forward, international travel to Europe is forecast to reach pre-pandemic levels in 2025, while domestic travel will fully recover in 2024. The latest data indicates a recovery of 75% of 2019 travel volumes to Europe in 2022.

Tourism 97

Tourism Forecasting Travel 97

Hospitality Net

JULY 7, 2023

Building upon the significant gains from 2022, new research by MMGY Travel Intelligence indicates that the American tourism industry will experience another blockbuster summer in 2023. According to the latest edition of the research firm’s Portrait of American Travelers® study, more than three-quarters of U.S.

Forecasting 185

Forecasting Travel Tourism 185

Hospitality Net

APRIL 28, 2023

Stoneweg Hospitality (‘Stoneweg’), the hotel investment arm of global real estate company Stoneweg, has acquired two hotels in Spain from Globalia Business Corporation, the Spanish tourism group, for €83 million.

Real Estate 253

Real Estate Hospitality Forecasting Tourism 253

eHotelier

JANUARY 31, 2023

STR and Tourism Economics made a modest upgrade to the 2023 U.S. hotel forecast just released at the Americas Lodging Investment Summit (ALIS). Additionally, a subsequent downward adjustment was made for 2024.

Forecasting 52

Forecasting Tourism Hotels 52

eHotelier

AUGUST 30, 2023

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report today reveals an encouraging resurgence in Travel & Tourism investment, overcoming pandemic setbacks and signalling a strong return to growth.

Tourism 52

Tourism Forecasting Travel 52

eHotelier

JUNE 5, 2023

STR and Tourism Economics upgraded the 2023 U.S. hotel forecast just presented at the 45th Annual NYU International Hospitality Industry Investment Conference. While top-line performance advances, growing operating expenses are projected to limit profit growth over the remainder of the year.

Forecasting 52

Forecasting Tourism Operations Hospitality 52

eHotelier

NOVEMBER 27, 2022

STR and Tourism Economics adjusted occupancy slightly downward but maintained previous projections for average daily rate (ADR) and revenue per available room (RevPAR) in the final U.S. hotel forecast revision of 2022.

Forecasting 52

Forecasting Average Daily Rate Occupancy Tourism 52

Hotel News Resource

JULY 3, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) reveals the EU Travel & Tourism sector is forecast to reach 98% of the 2019 peak.

Tourism 52

Tourism Travel Forecasting Hotels 52

eHotelier

SEPTEMBER 25, 2023

The World Travel & Tourism Council’s (WTTC) 2023 Economic Impact Research (EIR) today reveals the UK Travel & Tourism sector is forecast to exceed the 2019 peak this year.

Tourism 52

Tourism Travel Forecasting 52