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LONDON—Hotel performance in Japan understandably has suffered following the earthquake and tsunami in March 2011, but the country’s hotel industry is making a comeback, according to data from STR Global’s Japan Hotel Review.
The launch of the STR Global Japan Hotel Review coincides with the expansion of the sample of participating hotels in Japan to 316 as of November 2011. This is an increase of 66 hotels or 26.4 percent since December 2010.
Two new reports from the Cornell Center for Hospitality Research (CHR) at the Cornell School of Hotel Administration are aimed at helping hospitality managers improve their sales and revenue. One report focuses on restaurant distribution strategies, and the other compares the financial outcomes for hotels that have various corporate cultures and strategic approaches. Both reports are available at no charge from the CHR. CHR also invites hotel practitioners to participate in a new interactive blog on the CHR site, with a goal of sharing ideas and improving success in addressing issues created by social media.
As the world continues to work through one of the most paralyzing periods of economic crisis, one economic sector is actually gaining wide-scale appreciation for its ability to generate employment, revenues, and investment and unity: the global tourism sector. Fueling growth of the sector is the growing hunger for travel within, and to, the BRICS nations (Brasil, Russia, China, India, South Africa).
India, one of the world’s largest out-bound travel nations and most exciting inbound destinations, continues to fuel worldwide travel activity. Under this premise, and with the poignant theme, “Addressing Change – Rebrand, Reposition, Reinvent,” the Travel Agents Federation of India (TAFI) held its annual convention in Macao, China, from November 22-25, 2011. The convention was a calling together of over 1,200 of India’s travel business leaders and agency owners from Air India and Kingfisher Airlines to Nomad Tours and Cox and Kings. With an agenda focused on essential strategies and tools for business growth, including the role of the agent, business development strategies and partnerships, adoption of technology, evolving media, and CRM, the 2011 TAFI Convention was undoubtedly one of India’s most important travel conventions of 2011.
Everything in moderation.
That seems to be the mantra of hotel industry analysts for 2012 after better-than-expected hotel demand this year appeared to put a brutal 2009 out of memory.
Analysts say revenue per available room among U.S. hotels will advance by about 5% or so, down from about 8% this year, as continuing questions about the global economy and tougher year-over-year comparisons will slow occupancy growth to a crawl.
As the world’s largest single processor of electronic hotel transactions, Pegasus Solutions has access to some of the most accurate and detailed information available to the industry. We track global hotel booking data to provide subscribers with a monthly snapshot of travel industry trends and pertinent forward-looking information.
Figures released today showed both were up by 2%, with numbers boosted by an increase in holidaymakers, VFR traffic and an influx of visitors from European countries outside the EU.
At 2.77 million overall, visitor numbers are at a higher level than any other October in the last three years, slightly up on the same period in 2010 and just below the record 2.82m in October 2007.
National Geographic Traveller (UK) has put together its 2012 Hot List in the Jan/Feb 2012 issue, featuring a month-by-month guide to next year’s top travel spots, packed with tips and inspiration for even the most jaded globetrotter. Canvassing the opinion of more than 50 experts — from tour operators to travel journalists, tourist boards to guidebook writers — we’ve uncovered the year’s must-see spots and must-do dates. www.natgeotraveller.co.uk/hotlist2012
Pat Riddell, editor of National Geographic Traveller, said: “Instead of listing the top 10 destinations for 2012 we thought we’d try something different and came up with a different idea for each month. From the familiar to the less-discovered, natural phenomenon to special events, it’s the ultimate month-by-month destination planner for 2012.”
The Hot List 2012 >>
The Ten Top Trends For 2012:
1. Regional producers get a boost
The food&drink towers Ten Top Trends for 2012 Survey identified that authenticity; provenance and ‘localness’ will be very important (19%) or important (51%) next year. Closely aligned to the sustainability benefits of ‘going local’, reducing the environmental footprint and increasing sustainability will be important to more than half of respondents. Despite this, ethical consumption including organics is expected to decline in importance in 2012, according to the food&drink towers survey.