U.S. hotel performance improved from the previous week.
U.S. hotel performance for April 2022
The U.S. hotel industry reported higher performance from previous months as well as all-time high room rates.
APAC hotel construction pipeline shows YOY growth
Hotel construction pipeline in the Asia Pacific region, excluding China, is up 7% by projects and 9% by rooms Year-Over-Year.
Turkey’s Tourism sector to grow at twice the rate of the national economy
Turkey is set to be the fourth most popular European destination amongst travellers this summer.
14 million jobs to be created by African tourism sector
Travel & Tourism GDP growth set to outpace the overall economy for the next 10 years.
Canada tourism sector could reach pre-pandemic levels next year
ravel & Tourism’s GDP expected to grow more than twice rate of the overall economy for the next 10 years.
Eight million new tourism jobs to be created in Europe
Sector expected to grow at double the rate of the overall economy over next 10 years.
Consumer confusion over best hotel rate
Consumers in the UK’s perception of where to find the best rate has become more confused over the pandemic.
U.S. hotel results for week ending 7 May
U.S. hotel occupancy declined from the previous week, while average daily rate increased slightly.
Tourist boards look to national cuisine to rival other destinations
Many tourist boards are looking to differentiate themselves from rival destinations by focusing on their cuisine rather than traditional natural hot spots, cities, or coastal locations.
