hotel industry growth
Best Western® Hotels & Resorts’ Surestay Hotel Group® Surpasses 100 Hotels in North America
July 23, 2018
PHOENIX (July 23, 2018) - Best Western Hotels & Resorts announced today that its SureStay Hotel Group franchise has reached yet another milestone – revealing the brand has over 100 hotels in its North American portfolio. This announcement underscores the brand's overarching success, as it now has a total of 189* properties worldwide in less than two years since its launch, making it one of the fastest growing brands in the hotel industry today. SureStay Hotel Group's accelerated growth can be attributed to a number of factors. The brand has become known as a trusted and respected lodging option among travelers – offe...
Indian Hotel Industry Survey 2016-2017
Hotelivate Private Limited | April 6, 2018
Compiled by Hotelivate in association with the Federation of Hotel & Restaurant Associations of India (FHRAI), the Indian Hotel Industry Survey 2016-17 is the twentieth edition of this publication since its inception. The Indian hotel industry has emerged as one of the key industries driving the growth of the services sector and, thereby, the Indian economy. The FHRAI Indian Hotel Survey 2016-2017 aims to provide the most comprehensive guide to All-India performance trends for this industry. Results of the Survey will empower industry stakeholders such as owners, investors, operators, business analysts and researchers with informati...
US Hotel Industry Grows at Half Rate of Overall US Economy
e-forecasting | November 13, 2017
Durham, New Hampshire USA - Business activity for US hoteliers held steady at previous month reading of 118.8 in September according to today's release of the Hotel Industry's Pulse (HIP) indicator. e−forecasting.com's HIP - a predictive analytic which gauges monthly overall business conditions for hotels earlier than any industry indicator - stalled, posting a nil growth rate in September after a flat performance at a rate of 0% in August. The index is set to equal 100 in 2010. September US HIP Hotel Industry Pulse Real Time Index Stalls HIP's six-month growth rate, which has historically confirmed the turning poi...
Hospitality: One Doesn’t Suffer the Future…it is Built
Georges Panayotis | March 23, 2017
by Georges Panayotis Contrary to other sectors, the world of hospitality need not fear disappearing into a black hole and despite the upsets it might traverse, it is growing and will continue to do so. To each his place in the sun. From the inns of yesteryear to the hotel capsules found in airports today, and, of course, youth hostels, residences, traditional palaces and hybrid formulas, the hotel universe has not stopped adapting to travelers' changing needs. The good news is that these travelers are increasingly numerous and will continue to stay in commercial accommodations. But which? The challenges experienced by hotel business...