Search for travel themes on the rise ...
Travellers continue to search for experiences that fit their specific preferences. According to San Francisco-based NileGuide, so far in 2009 alone, its users have selected over 500,000 travel preferences with “kid-friendly” as the top user-selected preference, followed by “historical,” “romantic,”...
New US RevPAR forecast signals 2011 upturn...
Jones Lang LaSalle has indicated that revenue per available room (RevPAR) is expected to return to growth during 2011, which would represent the first year-over-year RevPAR increase since 2007. In its latest RevPAR forecast, a one-of-a-kind, five-year outlook, RevPAR is...
“Rooms rates have become the sacrificial lamb in the battle for occupancy”...
The UK hotel industry may have seen the worst of the recession, according to PricewaterhouseCoopers’ (PwC) UK hotel forecast. The report predicts a RevPAR fall of 12.1% overall this year, which will slow to a 2.4% decline in 2010. With...
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