Thursday, January 30, 2014
Travel and Tourism/Hotels and Hospitality
Market brief for Thursday, January 30, 2014
My purely imagined hypothetical hotel research property is, exactly like the existing industry properties, looking at reporting on the stream of money entering into and being spent back out of, the business locally, nationally, and internationally. Two of the leading research firms specializing in travel, tourism, hotels, and hospitality management, PKF and STR, see valid reasons for optimism the remainder of our current year 2014, myself asserting speculatively a continuing ebb and flow amidst the industy’s returning to growing slowly profitability. The assertion is based on our industry having known peak seasons and low seasons, thus an ebb and flow, during our return to measurably better occupancy rates between now and January of 2015.
A cordial welcome to you from hotelxgroup and have a great rest of the week.