US RevPAR forecast trimmed on weak transient trends Fitch Ratings has lowered its 2016 U.S. RevPAR growth forecast to 4%-5% from 4%-6%. RevPAR growth will not likely exceed 5% for the year due to weaker than expected fourth-quarter and year-to-date transient demand growth. Source: Hotel Marketing US RevPAR forecast trimmed on weak transient trends
European hotel sector recorded significant growth in 2015 Europe’s hotel market experienced ongoing value growth and recovery in 2015 with hotels in many cities reaching record performance, according to the 2016 European Hotel Valuation Index, published by global hotel consultancy HVS. Source: Hotel Marketing European hotel sector recorded significant growth in 2015
Trust in OTAs falling, use of mobile apps rising New research from digital hotel marketing firm Fuel reveals consumer’s trust with Online Travel Agents is waning leading to more people booking direct and the benefits to hoteliers of a mobile app. Source: Hotel Marketing Trust in OTAs falling, use of mobile apps rising
The hotel industry in 2036, according to Hotel Yearbook Instead of focusing on the near-term developments expected to have an impact on the hotel industry, The Hotel Yearbook 2036 is breaking new ground, taking us a giant leap 20 years into the future. Source: Hotel Marketing The hotel industry in 2036, according to Hotel Yearbook