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June Leading Barometer Straight Up, All Components Rose!

2020-07-03 22:51:33| Hotel Resource

e-forecasting.com's economic Leading Analytic, eLA™, a composite barometer of seven time-series, forward-looking, and model-fused predictive analytics, rose 5.2 percent in June, following an increase of 0.3 percent in May.

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Hospitality
 
Laos and Myanmar to Target Domestic Tourism

2020-07-03 03:06:08| ASIA Travel Tips.com

Laos and Myanmar to Target Domestic Tourism.

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Hospitality
 
Far East Takes Over Hotel in Ariake, Tokyo

2020-07-03 03:05:08| ASIA Travel Tips.com

Far East Takes Over Hotel in Ariake, Tokyo.

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Hospitality
 
Airbus to Reduce Workforce by Around 15,000 People

2020-07-03 03:02:08| ASIA Travel Tips.com

Airbus to Reduce Workforce by Around 15,000 People.

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Hospitality
 
Air Cargo Down 20% in May, Capacity Down 34.7%

2020-07-03 03:00:08| ASIA Travel Tips.com

Air Cargo Down 20% in May, Capacity Down 34.7%.

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Hospitality
 
Global Airline Passenger Demand Shows Slight Improvement for May

2020-07-02 20:51:35| Hotel Resource

The International Air Transport Association (IATA) announced that passenger demand in May (measured in revenue passenger kilometers or RPKs), dropped 91.3% compared to May 2019. This was a mild uptick from the 94% annual decline recorded in April 2020. The improvement was driven by recovery in some domestic markets, most notably China.

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Hospitality
 
U.S. June Unemployment Rate Falls to 11.1 Percent

2020-07-02 20:51:35| Hotel Resource

Total nonfarm payroll employment rose by 4.8 million in June, and the unemployment rate fell to 11.1 percent. These improvements in the labor market reflected the continued resumption of economic activity that had been curtailed in March and April due to the coronavirus (COVID-19) pandemic.

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Hospitality
 
Economic Uncertainty Remains with Challenges Ahead

2020-07-02 20:51:35| Hotel Resource

There’s more evidence supporting a deep, short recession followed by a long, tough recovery. While lower-income households are spending, higher-income households are saving, leaving markets perplexed.

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Hospitality
 
Hyatt Centric Downtown Minneapolis Hotel Opens

2020-07-02 20:51:35| Hotel Resource

Once known as the Minneapolis Athletic Club, the 154-room upscale lifestyle hotel with 22 suites is centrally located in the heart of Minneapolis, MN

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Hospitality
 
Susona Bodrum, LXR Hotels & Resort Opens in Turkey

2020-07-02 20:51:35| Hotel Resource

Susona Bodrum, LXR Hotels & Resorts today opens its doors, offering travellers a chic new destination along the Aegean Coast

Category:

Hospitality
 

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