Playa Hotels & Resorts just recently celebrated its 10th anniversary with a big event in Cancun.
25.08.2023 - 14:26 / skift.com / Edward Russell / Rashaad Jorden / Sean Oneill
Good morning from Skift. It’s Monday, February 6. Here’s what you need to know about the business of travel today.
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The U.S. hotel industry is making strides in its recovery from the pandemic. The latest U.S. jobs report announced hotels added 15,000 jobs in January, an increase from the previous month, reports Senior Hospitality Editor Sean O’Neill.
O’Neill writes hotel job growth remains strong despite rising inflation and interest rates. The report released by the U.S. Bureau of Labor Statistics’ on Friday also revealed a hiring surge in the wider labor and hospitality industry. That sector was responsible for roughly a quarter of the new jobs the U.S. added in January.
However, O’Neill notes the hotel industry still has a lot of work to do to reach pre-pandemic employment levels. The U.S. Travel Association estimates the leisure and hospitality sector has nearly 2 million job openings.
Next, tourism boards are running more ads on streaming services in part to reach the growing number of consumers opting to ditch cable TV, writes Global Tourism Reporter Dawit Habtemariam.
Habtemariam cites St. Louis and Puerto Rico as two destinations making heavy investments in advertising on streaming services. Explore St. Louis already devotes a quarter of its advertising budget to streaming, and Chief Marketing Officer Brian Hall said he expects that figure to grow as more people cancel cable subscriptions. Meanwhile, Discover Puerto Rico more than quadrupled its advertising spend on streaming services between 2020 and 2022.
Habtemariam adds that streaming enables tourism boards to target desired visitors more efficiently than broadcast TV. A Discover Puerto Rico official said it used streaming to reach markets with high vaccination rates as part of its strategy to protect the island during the pandemic.
Finally, Icelandair believes it will record higher profits this year than in 2022. The company will operate its largest schedule ever this summer in response to surging transatlantic demand, reports Edward Russell, editor of Airline Weekly, a Skift brand.
CEO Bogi Nils Bogasan said during its fourth quarter earnings call on Friday that Icelandair will serve 54 destinations from its Reykjavik hub this summer. That’s up from 42 during the summer of 2019. Bogasan noted Icelandair has seen strong demand in all of its markets, adding the carrier could generate its best profit margins since 2017.
Bogasan did acknowledge that Icelandair is grappling with high inflation and rising labor costs, among other challenges.
Playa Hotels & Resorts just recently celebrated its 10th anniversary with a big event in Cancun.
The summer-opened La Nauve Hôtel & Jardin takes over a historic Cognac distillery and mansion in the area of France famed for its namesake spirit.
Following two flat months, Hillsborough County’s hospitality industry saw a large surge in growth in July according to the latest reports from STR, Inc. July’s hotel revenues were up 13.8% while occupancy increased by 3.4% to 70.4%, average daily rate (ADR) up 11.5% to $143.55 and RevPAR up 15.3% to $101.08. July tourist development tax collections for Hillsborough County, which reflect June collections, came in at $4,347,279, bringing the total collection for the fiscal year to $56,732,408. Total taxable hotel revenue through June has reached more than $900 million for the fiscal year-to-date indicating that Hillsborough County will surpass $1 billion for the second continuous fiscal year.
In the heart of the Riviera Maya, between the lush nature and turquoise waters of the Mexican Caribbean, hides a treasure you are about to discover. The Fives Oceanfront Hotel & Residences, a luxurious boutique hotel complex located in the picturesque fishing village of Puerto Morelos, invites you to immerse yourself in a world of sensations and emotions that will take your breath away.
Hotels in the U.S. continued their steady their pace of hiring in August, recording higher job growth in August than in July.
New York City’s short-term rental regulations could slash up to 70% of Airbnb’s 23,000 active listings in the city after September 5. Experts are divided on how the move might affect hotels, and their forecasts are foggy. Yet the analyses reveal interesting details about this critical lodging market regardless.
The city of Oxford revolves around its university, England’s most prestigious alongside Cambridge. Because teaching started in the city in the 11th century, Oxford is filled with historic colleges, many hundreds of years old, and all incredibly beautiful in their architecture. Visitors to the city can walk the cobblestone streets that weave around the colleges, libraries, churches, and museums, and even take tours of the colleges’ lecture halls, chapels, and dining halls. But a day trip isn’t enough to get a good feel for Oxford. Even if the city is only 50 minutes away by train from London, you need to stay in a hotel in Oxford, England, for and take the time to fully explore this one-of-a-kind city.
IHG Hotels & Resorts (IHG) have launched a new program – known as IHG LIFT – which has been designed to create more hotel development support for historically under-represented groups within the hospitality industry.
Antoni Porowski may be the food and wine expert on Netflix’s Queer Eye, but it turns out his travel cravings are a bit simpler than what his TV title may convey.
More than $30 million committed to help unlock paths to hotel ownership.
Hotel Indigo Guadalajara Expo draws on its rich cultural background to create an authentic neighborhood stay experience for guests.
Travelers United’s choice to sue Hyatt over its “junk fee” practices fits into a broader storyline about travel junk fees being in the limelight ever since President Joe Biden referred to travel fees in his 2023 State of the Union address.