Three out of four travelers (75 percent) who use public transportation in some of the world’s major cities believe that electronic ticketing would make travel easier, and an overwhelming 92 percent would welcome paperless travel, a new global survey by Accenture reveals. … Continue Reading
The Middle East/Africa region reported positive performance results during April 2013 when reported in U.S. dollars, according to data compiled by STR Global. … Continue Reading
Following an increase in 2011, U.S. hotel industry profits recorded another strong gain during 2012, based on data from STR Analytics’ 2013 HOST Almanac. … Continue Reading
The Baird/STR Hotel Stock Index reported a 0.4-percent increase in April to 2,784. Year-to-date 2013, the Baird/STR Hotel Stock Index is up 13.7 percent. The index ended 2012 at 2,448. … Continue Reading
The U.S. hotel industry reported increases in all three key performance metrics during April 2013, according to data from STR. … Continue Reading
The Baird/STR Hotel Stock Index reported a 0.4-percent increase in April to 2,784. Year-to-date 2013, the Baird/STR Hotel Stock Index is up 13.7 percent. The index ended 2012 at 2,448. … Continue Reading
The U.S. hotel industry reported positive results in the three key performance metrics during the week of 5-11 May 2013, according to data from STR. … Continue Reading
The table below reflects current jet-fuel price and consumption data for U.S. passenger and cargo airlines as reported to the Bureau of Transportation Statistics and as assembled by A4A. … Continue Reading
Passenger “yield” is a commonly used metric representing the average fare paid by customers to fly one mile (revenue passenger mile or RPM). … Continue Reading
The Asia/Pacific hotel development pipeline comprises 1,804 hotels totalling 387,179 rooms, according to the April 2013 STR Global Construction Pipeline Report. … Continue Reading
