U.S. Unemployment Rate Rose to 3.9% in December
NATIONAL REPORT—The U.S. economy added 312,000 in December, and the unemployment rate rose to 3.9%, according to a report from…
Research
Report: U.S. Hotels Suffer Profit Plunge in November
NATIONAL REPORT—For the month of November, hotels posted a 5.2% year-on-year drop in profit per room, the single biggest margin…
U.S. Travel Growth to Remain Steady
NATIONAL REPORT—The U.S. travel market is projected to grow a healthy 5% in 2018, benefiting from positive economic performance, particularly…
Four Trends to Watch in Hospitality in 2019
BOULDER, CO—Aethos Consulting Group’s U.S. partners have gathered their collective thought leadership and now share predictions, concerns and issues for…
Report: Excluding China, Asia-Pacific Construction Pipeline Expected to Decline
PORTSMOUTH, NH—According to a recent report from analysts at Lodging Econometrics (LE), Asia-Pacific’s total construction pipeline, excluding China, remains near…
Survey: No Slowing Down for Vacation Travel
NEW YORK—The results of a recent Travel Leaders Group consumer travel trends survey suggest 2019 is going to be another…
Study: Payment Choices Affect Travel
NAPLES, FL—More than one third of British, American, Chinese, French and German travelers surveyed globally (36%) are unhappy about not…
Report: Global Holiday Travel Increases 15%
RICHMOND, VA—According to Allianz Global Assistance’s 2018 Top Holiday Destinations Report, American travel increased 15% this holiday season over last…
PwC: Consumers Will Spend More Than 50% on Holiday Travel
NATIONAL REPORT—This year, consumers are shopping for the holiday experience. Travel combined with entertainment and holiday gatherings equals a merry…
Hourly Wage Growth Increased for the Third Month in a Row
ROCHESTER, NY—The Paychex | IHS Markit Small Business Employment Watch for November shows that the tight labor market continues to…