The Christmas Farm Inn & Spa is an icon in the hospitality business in Jackson, NH. Some of the buildings date back to 1778 and have served as part jail, part church, and part farm. In the late 1880’s the farm began taking in visitors to supplement their farm income and became specialized…
First, a look back at 2010: In December, 2009, major hospitality research firms were forecasting a continued, but very slight decline in hotel performance for 2010. Now that the year is over, we see that recovery in the hotel industry in 2010 was far superior to the original predictions: 2011 and 2012 Predictions from STR…
A Summary of Positive News and Statistics from the Lodging Industry! By OJ Robinson Increasingly good news and positive statistics are being reported by the lodging industry based on year to date performance in 2010. We all know that the 2008-2009 period was devastating for our industry: US Occupancy: down 14% ADR: down …
By OJ Robinson As part of its monthly forecast program, STR (Smith Travel Research) is projecting the US Hotel industry will report increases in all three key metrics in 2011. STR’s forecast projects 2011 occupancy to be up 2.4 percent to 56.2 percent, average daily rate to increase 3.0 percent to US$96.81, and revenue per…
