Macro-Level Obstacles Little Match for Global Hotel Industry
The global hotel industry is producing strong performance numbers all against a climate of financial unease. It’s an incongruity that hoteliers hope sustains. For now, consumers are still, it appears, willing to put them aside in order to travel.
Tourism Economics Projects U.S. Likely Avoids Recession
Tourism Economics President Adam Sacks believes the travel recovery from the depths of the COVID-19 pandemic has been nothing short of remarkable. But with gas prices reaching historic highs around the world, could that chill travel sentiment for what was expected to be a white-hot summer travel season?
IHG Hotels & Resorts and Unilever join forces to spell the end of single-use bathroom miniatures
IHG Hotels & Resorts has announced a global collaboration with consumer goods company Unilever to replace bathroom miniatures with bulk amenities in over 4,000 hotels. The switch to full-size formats is expected to save at least 850 tons of plastic annually in IHG’s Americas region alone.
Contrasting fortunes for tourism? What we know and don’t know as tourism ramps up
STR's consumer research findings discussed in recent blogs has uncovered contrasting fortunes for tourism and hospitality. Data from its latest consumer survey in May 2022 sheds light on aspects which are likely to influence tourism through 2022 and beyond.
Half of the Biggest Tourism Economies Close to Full Travel Recovery
The "100 Club" now consists of seven members—seven countries where the travel industry performs at par or above 2019 levels. Another four countries are following closely behind. Things are starting to look almost "normal."
Laura Lee Blake, Esq., will be the new President and CEO of AAHOA, the nation’s largest hotel owners association. Blake will succeed Ken Greene, who served in the role for a short time in 2021 and part of 2022.
February U.S. hotel performance rebounded from January’s slump, according to STR. The three key U.S. hotel industry performance metrics in February each improved significantly from January 2022 levels as concern about the omicron variant began to fade.