[ad_1] BOSTON – OAG revealed its North America’s Airport Leaders 2019 at ACI’s 2019 Jumpstart Air Development Conference in Nashville, TN. OAG’s analysis highlights the airports that have grown the most in key performance metrics, including: seat capacity growth (Fastest Growing Airports), scheduled routes (The Trailblazers), number of scheduled international …
Read More »STR, TE downgrade U.S. hotel forecast
[ad_1] NEW YORK – The U.S. hotel industry is projected to see overall performance growth of 2.0% for 2019 and 1.9% for 2020, according to STR and Tourism Economics’ latest forecast just released at the 41st Annual NYU International Hospitality Industry Investment Conference. The growth figure for 2019 is lower …
Read More »New OTA Insight study sheds light on hotels’ length-of-stay strategies
[ad_1] LONDON, DALLAS – OTA Insight, the cloud-based data intelligence platform for the hospitality industry, released a new Length-of-Stay (LOS) Strategy Report. Examining the rates of over 50,000 hotels globally, based on data derived from the company’s Rate Insight platform, the report provides a comprehensive analysis on the number of …
Read More »The 4th edition of the Adriatic Sea Forum kicks off in Ancona
[ad_1] Significant economic impacts in the area caused by cruise, ferry, hydrofoil and catamaran tourism. There is a possibility for the historical record in cruise traffic at the end of 2019, which would demonstrate the vitality of area’s industry. Positive prospects for the current season also for passenger movements on …
Read More »Gradual slowdown in U.S. hotel performance to continue
[ad_1] ATLANTA – The U.S. lodging supply will increase at an annual pace greater than the long-run average through 2022, according to CBRE Hotels Research’s latest report. Meanwhile, the annual rise in the demand for these new hotel rooms is projected to average roughly three-quarters of its respective long-run average. …
Read More »ATM 2019: Religious tourism drives growth in Saudi market
Saudi Arabia’s travel and tourism sector is expected to contribute $71 billion to the country’s GDP in 2019, according to data from the World Travel & Tourism Council. The news comes as exhibitors prepare to showcase what the kingdom has to offer at this year’s Arabian Travel Market. According to …
Read More »Independent travel and events fuel Chinese tourism
[ad_1] “Chinese tourism is FIT and healthy.” That is the situation, as summed up by Olivier Ponti, VP Insights at ForwardKeys, which forecasts travel trends by analysing over 17 million flight booking transactions a day. But what is behind this assessment? “There are two major trends…”, replies Olivier, “…there is …
Read More »Central/South America hotel performance for April 2019
[ad_1] LONDON – Hotels in the Central/South America region reported negative performance results during April 2019, according to data from STR. U.S. dollar constant currency, April 2019 vs. April 2018 Central/South America Occupancy: -3.2% to 56.6% Average daily rate (ADR): -18.5% to US$98.03 Revenue per available room (RevPAR): -21.1% to …
Read More »83% of travelers plan trips together as a family
[ad_1] BELLEVUE – Family vacation planning is no longer an activity just for the adults, according to new custom research from Expedia Group Media Solutions, the advertising organization of Expedia Group. For more than 8 in 10 travelers around the world, planning a family trip is a collaborative activity for …
Read More »90% of flights arriving in the 7am hour are on-time
[ad_1] If you want to increase the odds of your flight arriving on-time, fly early. The Points Guy analyzed more than seven million flights, using 2018 U.S. Department of Transportation data synthesized by Diio Mi, to learn what times of the day are the best – or worst – to …
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