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U.S. Hotel Demand Hits Record High

More hotel rooms have been sold this cycle than ever before, and the demand is quickly increasing. Reasons for this growth include shifting consumer demographics that are adding more generations, digital tools making booking and finding hotels easier, and hotels ...

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Travel Workers Go On to Earn More Than Their Peers

According to a new report from the U.S. Travel Association, workers who begin their careers in travel and tourism go on to earn more than their peers who started out in other industries. In nearly 40 percent of cases, individuals who ...

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Hurricane May Impact U.S. Hotel Industry

Hotel industry experts at this week’s Southern Lodging Summit expressed concerns that Hurricane Harvey will impact performance in Texas and beyond. STR had forecasted that next year’s room supply and revenue per room would increase more than 2 percent, but ...

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Why Historic Hotels Make Great Meeting Venues

Historic hotels aren’t always top of mind for meeting planners when considering an event venue. However, these properties are often uniquely positioned to provide the experiences and authenticity that meeting planners and attendees are looking for while also being equipped ...

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New Restrictions on Chinese Capital

Following the implementation of new government restrictions, Chinese companies are facing having to limit their overseas spending. According to China’s Ministry of Commerce, Chinese investors invested 1.13 trillion Chinese yuan ($171.4 billion) overseas in 2016, which is up 44.1 percent, ...

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U.S. Markets with the Largest Construction Pipeline

PORTSMOUTH, NH—Analysts at Lodging Econometrics (LE) have reported that the five U.S. markets with the largest number of hotel construction projects in the second quarter of 2017 are: New York with 190 projects/31,923 rooms; Houston with 159 projects/17,472 rooms; Dallas ...

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