US hotel year end results
US hotel occupancy last year reported by Smith Travel Research indicates momentum for the coming year. The industry reporting company said occupancy last year was near 59.2%, or 0.2% higher than the previous year In the fourth quarter of 2003, industry occupancy reached 55.2%, an increase of 2.8% over the fourth quarter of 2002. ”We expect this momentum to continue in 2004,” said Mark Lomanno, president of Smith Travel Research. He cited healthy demand in growth combined with continued moderate supply increases as reasons for a good year — barring unforeseen events. Average room rate declined only 0.1% to $83.28. Revenues per room (REVPAR) increased 0.2% over the last year. Mr Lomanno said hotels this year might be increasing rates.
David
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
In Italy, the Meloni government congratulates itself for its tourism achievements
Singapore to forbid entry to undesirable travelers with new no-boarding directive