From the desks of the Hotel News Now editorial staff:
- USTA: Softer travel growth in the near term
- Greek resorts hit by storms; seven killed
- Raffles growth opportunities multiply under Accor
- RevPAR up more than 5% in US hotels
- Hotel companies ranked among best millennial workplaces
USTA: Softer travel growth in the near term: While the U.S. Travel Association expects both domestic and international travel to the country to continue growing over the next six months, it expects the growth rate will drop noticeably, according to a news release.
Travel to and within the U.S. was up 3.2% year over year for May, according to the association’s Travel Trends Index, with international travel up 1.2%. But that international number is expected to moderate to 0.4% over the next half year with domestic travel expected to grow 2% over the same period.
"Headwinds like the strong dollar and lingering trade tensions indicate sluggish growth for international inbound travel, but the much-needed work of the Brand USA destination marketing organization has prevented a further constriction," USTA SVP for research David Huether said in the release.
Greek resorts hit by storms; seven killed: Six foreign travelers, including two children, were killed when a “violent, short-lived storm” hit resorts in northern Greece, Reuters reports. A seventh, unidentified victim of the storm was found in the sea. The news agency notes more than 100 people were injured by the storm.
“Witnesses reported the storm had come and gone in a matter of minutes,” Reuters reports. “Winds of over 100 kph (60 mph) were reported on the Halkidiki peninsula, popular with tourists in the summer.”
Raffles growth opportunities multiply under Accor: A world of opportunity opened up for Raffles in 2016 when Accor purchased the brand’s parent company, FRHI Holdings, and executives see massive growth potential for the brand, HNN’s Terence Baker writes.
Despite the brand’s strong presence in Asia/Pacific, there are plenty of regions relatively untouched by the Raffles brand.
“Most people do not think of Raffles Singapore as Singapore but as Raffles, the brand. We aim to take the spirit of Raffles Singapore and take it out to the world,” said Jeannette Ho, VP of Raffles and global brand strategy and strategic relationships at Accor.
RevPAR up more than 5% in U.S. hotels: Strong occupancy and rate growth combined for 5.2% year-over-year revenue-per-available-room growth for the week ending 6 July, according to the latest data from HNN’s parent company STR.
Occupancy for the week was up 2.6% to 65.3% while average daily rate climbed 2.6% to $127.31. RevPAR reached $83.18 nationwide during the holiday week.
Hotel companies ranked among best millennial workplaces: Hilton has reached the second spot in the Best Workplaces for Millennials list by Great Place to Work in the large companies category, with Kimpton Hotels & Restaurants placing 20th and Hyatt Hotels Corporation ranking 31st.
The results were based on an anonymous survey built to determine “what millennials say about their experiences of trust and ability to reach their full human potential as part of their organization, no matter who they are or what they do.”
Compiled by Sean McCracken.