The U.S. hotel industry recorded positive results in the three key performance measurements during the week of November 16th through 22nd, according to data from STR. In year-over-year measurements, the industry's occupancy rose 5.5 percent to 60.7 percent.
ADR increased 4.1 percent to finish the week at $112.52, and RevPAR for the week was up 9.8 percent to finish at ...more
As unemployment levels nationwide drop, leisure and hospitality industry hiring sees significant improvement per the latest U.S. Bureau of Labor Statistics figures.
New Jersey's unemployment rate in particular fell from 7.2% to 6.9% in April 2014, buoyed largely by hospitality jobs. New Jersey's leisure and hospitality industry added 3,200 new positions.
Nationwide hospitality unemployment has fallen 1.5% in 2014, from ...more
One person’s vacation is another’s job opportunity. Summertime offers a chance to take a break from work or school and enjoy your free time. But for many, the summer months provide the ability to gain work experience in a new field while earning some extra spending money, and jobs in hospitality are some of the most promising.
Hospitality and leisure ...more
Millennials will travel more than their older counterparts in 2015, according to Hotwire’s 2014 American Travel Behavior Survey.
More than any other age group, approximately one-third of Millennials intend on traveling more in 2015. Those aged 18-34 are more likely than their older counterparts to take one or two large vacations in 2015 (35 percent versus 23 percent of those ...more
The U.S. hotel industry reported positive results in the three key performance metrics during November 2014, according to data from STR.
Overall, in year-over-year results, the U.S. hotel industry's occupancy was up 2.5 percent to 58.7 percent; its ADR rose 4.5 percent to $112.52; and its RevPAR increased 7.1 percent to $66.09.
Of the top 25 markets, nine reported double-digit ...more
According to the hotel booking site Getaroom.com, and hospitality reputation management company ReviewPro, Millennials/Gen Y rely on user-generated peer reviews to help make their travel booking decisions much more than older generations.
They also explained the reasons and motivations behind that behavioral trend with Skift.
Since launching in 2009, Getaroom has amassed over 90,000 hotel listings, with about 60-65% of ...more