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Laurie Chester

OAG recognizes North American airport leaders: Florida home to fastest growing airports

[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 …

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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 …

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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. …

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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 …

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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 …

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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 …

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