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asianhospitality

Report:U.S. extended-stay segments see muted growth in July - 0 views

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    EXTENDED-STAY HOTELS experienced limited growth in July, reflecting the summer travel season's tendency to favor the overall hotel industry more than extended-stay establishments, according to The Highland Group. Total hotels reported a smaller decrease in occupancy and a slightly higher increase in ADR compared to all extended-stay hotels in July 2022. According to Highland, Extended-stay hotels performed similarly to the preceding three months in July. The economy segment reported a decrease in RevPAR, while upscale extended-stay hotels saw the strongest RevPAR increase. However, ADR growth across extended-stay segments has noticeably narrowed over the last three months. For the second consecutive month, the economy segment achieved faster ADR gains compared to mid-price extended-stay hotels. "Extended-stay hotels' 9.2 percentage-point occupancy premium above the overall hotel industry is slightly below the long-term annual average range but typical for the summer travel season," said Mark Skinner, partner at The Highland Group.
asianhospitality

USTA: International travel to U.S. full recovery may take until 2025 - 0 views

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    INTERNATIONAL INBOUND TRAVEL is expected to slow down in the fall after surging over the summer, according to the latest U.S. Travel Association forecast. USTA also expects it may take until 2025 for the travel segment to recover to pre-pandemic levels. Inbound travel recovery picked up in summer and reached a pre-pandemic high of 35 percent below 2019 levels in July 2022, said U.S. Travel Association. It improved from a 41 percent decrease in May and declines of more than 50 percent earlier in 2022. The latest report by Aaron Szyf, economist, USTA, said that inbound travel recovery continued from Europe and Latin America in the past few months, which was 22 percent below 2019 levels in July. Meanwhile, Asian markets declined 66 percent in July, largely due to stagnation from China and a very slow return from Japan.
asianhospitality

STR: GOPPAR of U.S. hotels dropped in July - 0 views

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    GOPPAR FOR U.S. hotels dropped in July but once again exceeded 2019 levels for the fourth consecutive month, according to STR. The summer peak still brought an increase in demand, but the cost of ramping up to meet that demand cut into profit margins. GOPPAR was $78.30 for the month, down from $91.23 reported in June. It was $88.63 in May and stood at $90.96 in April. EBITDA PAR was $55.29 for July, TRevPAR was $209.66 and labor costs per room were $67.27. "While each of the key bottom-line metrics decreased slightly from June on a per-available-room basis, total profits increased with peak summer room demand and revenues," said Raquel Ortiz, STR's director of financial performance. "Profit margins were stronger than July 2019 for both full- and limited-service hotels, but GOP margins were at lower levels than the previous four months. The dip in margins can be attributed to higher expenses associated with more ramped-up operations as well as the general rise in costs around the country. Rising wages are being somewhat balanced by hotels using more contract labor and reducing benefits costs."
asianhospitality

AAA says 39.2 million people will travel for Memorial Day - 0 views

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    MEMORIAL DAY WEEKEND is back and almost as strong as pre-pandemic levels, with 39.2 million people forecast to travel 50 miles or more from home during the holiday period, according to AAA Travel. Despite record high gas prices, a majority of travelers, 34.9 million, are expected to drive, but air travel also is seeing resurgence. The total forecasted number of travelers is 8.3 percent higher than 2021's 36.2 million and comes closer to 2017 levels. Last year, U.S. hotels saw occupancy hit nearly 62 percent over that Memorial Day weekend, according to STR. "Memorial Day is always a good predictor of what's to come for summer travel," said Paula Twidale, senior vice president, AAA Travel. "Based on our projections, summer travel isn't just heating up, it will be on fire. People are overdue for a vacation and they are looking to catch up on some much-needed R&R in the coming months."
asianhospitality

Survey: Gas prices, inflation to impact summer travel - 0 views

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    U.S. TRAVELERS SAID that gas prices and inflation will impact their summer travel decisions more than COVID-19 concerns, according to a survey commissioned by the American Hotel & Lodging Association. The survey, conducted by Morning Consult and released just ahead of the Memorial Day holiday weekend ending May 30, revealed that more than half of the respondents, 57 percent, are likely to take fewer leisure trips and 54 percent will take shorter trips due to current gas prices. The majority of people surveyed, 82 percent, said that gas prices will have at least some impact on their travel destinations.
Camiguin Island

A Perfectly Amazing Summer - 1 views

I was so happy when my family decided to spend our last summer vacation at Camiguin Island since it was my first time in the place. I was so excited because I have already heard a lot of good comme...

started by Camiguin Island on 15 Nov 12 no follow-up yet
hitesh kumar

Temperature And Climate Of Agra - 0 views

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    visiting Agra is best done in the months of winter, since the temperature is cooler, and summers are very hot and also the climate is semi arid with rains being quite low, as compared to the country
hitesh kumar

Temperature And Other Related Info Of Kashmir - 0 views

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    Kashmir is a beautiful place for viewing and adventurous activities. It has only two seasons, i.e. summer and winter. It is known for its peculiar dresses, delicacies and clothes. Tourists come here in horde for rejuvenation.
chris kenji

Enhance Your Family's Summer Living - 0 views

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    Are you tired of doing the same vacation routine and are looking for ways to enhance your family's summer living? Perhaps you so want to start to cultivate a fresh style in your very own space or your outdoors, but there are kids you need to please as they are looking forward to spending summer vacation in a place where there's so much for them to take part and enjoy.
Holiday Mood

Cheap Tickets To Cape Town - 0 views

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    Cape Town the second most populous city of South Africa is a summer vacationer's paradise. The city is South Africa's melting point with creativity, colour, sounds and tastes. So this summer vacation book your Cheap Flight To Cape Town with flights4capetown and enjoy this amazing city under the shadow of the Table Mountain with our amazing deals and offers for your summer holidays. Cape Town has always been known for its stunning beaches and beautiful landscapes, but the regions around Cape Town offer a varied range of activities and attractions, like wildlife safaris in the Cedarburg Mountains, wine tasting in the Wine lands, expeditions to see thousand-year-old San rock art and adventure activities such as sand boarding, surfing, bungi jumping, kloofing, abseiling and much more.
San Juan

Exotic Whale Watching Places - 0 views

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    If you are planning to take a trip for the marine watch then the summer months would be the best choice.
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    If you are planning to take a trip for the marine watch then the summer months would be the best choice.
travoline

Summer Activites in City of Banff Canada, Hotels, Tour Trip - 0 views

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    Are you planning to travel to Canada for your holiday? If yes, then the city of Banff will be a great place for you to visit. This is a city with a wide range of attractions and you can also engage various activities that will make your holiday a memorable one. Thus, when you plan to come to the city you need to recharge your camera batteries and be prepared to recharge all your senses with the several relaxing and beautiful things to do in Banff. Among all the things you do you also have an opportunity to spend time in Banff National Park.
anonymous

lack of water ! - 2 views

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    www.miatur.com..."This Summer May cross 45 degress. Many birds die due to lack of water. Please keep a bowl of water in your balcony! Save them... 93 % won't foward this msg, will you? when we can foward jokes, why not this message, plz"...
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    www.miatur.com..."This Summer May cross 45 degress. Many birds die due to lack of water. Please keep a bowl of water in your balcony! Save them... 93 % won't foward this msg, will you? when we can foward jokes, why not this message, plz"...
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    www.bizzhotel.in Hotel is the most Popular Rajkot city in Gujarat , India. Most Welcome in Rajkot Gujarat, India & Famous Place to Visit . Thanks
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    http://resortsneardelhi.co.in/ resorts near delhi Provides more than 1000 resorts in delhi and other cities
kristinperry

Chennai The Best Places To Visit In Summer - 0 views

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    The rich culture of South India flourishes at the capital city of Tamil Nadu, Chennai. It is an amazing blend of nature with modern city life, as the wild Bay
relevanceweb bookmarking

Nordic Angels' Spring/Summer 2019 Collection Of Bridal Gowns | VICTOR DE MONACO - 0 views

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    The south of France had its fair share of fashion this season. The Aston La Scala Hotel in Nice hosted designer and founder of the Nordic Angels bridal wear brand Marketa Häkkinen's collection for Spring/Summer 2019.
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