Hotel Tech Update Your Update on Hotel Tech, Daily!

November, 2020

• 26 November

  London Short-term Rental Occupancy Rebounds in October

  

  The short-term rental segment in London reported occupancy in October reached 62.4%, a 5.9% increase from September.

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• 26 November

  Week Ending November 21st U.S. Hotel Occupancy at 41.2 Percent Slipped Further from Previous Weeks

  

  U.S. hotel occupancy dropped 32.6% to 41.2% during the week of 15-21 November. ADR fell 29% to $88.54 and RevPAR declined 52.2% to $36.45.

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• 26 November

  5 Ways Hotels Can Boost Their Revenue Amid The COVID Chaos

  

  Many hotels aren’t getting the sort of business that they’re used to. This drastic change has resulted in numerous revenue challenges in the hospitality industry, but fear not, there are signs of recovery. With strong preventive measures being sanctioned, many places around the world are opening up to travel again.

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• 24 November

  Discussion of Hospitality Technology Across the Atlantic – By Carl Weldon, HFTP COO Europe

  

  Cyber HITEC featured a new virtual session this year that built a bridge across the Atlantic Ocean and brought together two regions separated by a common language. This engaging session was called the 'HFTP Europe: Technology and Tea' Hangout, and featured an interview-style discussion between me, this year’s HFTP Paragon …

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• 24 November

  China’s Hotel Construction Pipeline Continues to Remain Robust at the Q3 2020 Close

  

  According to the latest China Construction Pipeline Trend Report, analysts at Lodging Econometrics (LE) report that China’s total hotel construction pipeline remains robust at 3,409 projects/634,119 rooms, up 1% by projects and rooms year-over-year (YOY).

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• 24 November

  4 Reasons GOPPAR Should Be on Your List of KPIs

  

  Looking for a hotel KPI that’s guaranteed to support a stronger hotel performance plan? Try gross operating profit per available room (GOPPAR) on for size. Sure, the top line matters—you can’t turn a profit without revenue—but the bottom line is a true measurement of all hotel revenue and expense. That’s …

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• 23 November

  U.S. Restaurant Jobs Remain Below Pre-pandemic Levels in 46 States and DC

  

  Hawaii, Vermont and the District of Columbia have the largest deficits from their pre-coronavirus employment levels.

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• 23 November

  For October Europe’s Hotel Industry Reported Slight Performance Decreases from the Prior Month

  

  Europe's hotel industry reported occupancy fell 57.8% year over year to 32.3% in October. ADR was down 26.4% to €84.91 ($101.01) and RevPAR declined 69% to €27.39 ($32.58).

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• 23 November

  For October Hotels in Both the Middle East and Africa Recorded Their Highest Absolute Occupancy Level Since February

  

  Hotels in the Middle East saw occupancy decline 33.8% year over year to 44.2% in October as ADR dipped 23.2% to $108.47 and RevPAR decreased 49.2% to $47.96. In Africa, hotel occupancy fell 56.3% to 28.6%, ADR dipped 3.5% to $101.71 and RevPAR dropped 57.8% to $29.08 for the month.

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• 23 November

  The Central/South America Hotel Industry Reported Its Highest Performance Levels Since the Beginning of the Pandemic, According to October 2020

  

  Hotel occupancy in Central and South America fell 52.7% to 29% in October as ADR dipped 21.4% to $66.68 and RevPAR dropped 62.8% to $19.36.

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• 19 November

  HFTP Announces HITEC 2021 for September 27-30 in Dallas, Texas USA

  

  The 49-year hospitality technology event brand will be presented in an in-person format, including its expert educational conference, large trade show and networking opportunities.

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• 19 November

  October US Travel Agency Air Ticket Sales Continue Upward Trend

  

  Monthly Sales Climbed 23%, Marking Fourth Consecutive Month of Growth

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• 19 November

  Expedia Group Rev+ Now Available in SynXis Platform

  

  Access real-time market intelligence from within the SynXis Platform

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• 19 November

  Week Ending November 7th U.S. Hotel Occupancy Slipped Further from Previous Weeks

  

  U.S. hotel occupancy fell 32.7% year over year to 43.2% during the week of 8-14 November. ADR declined 28.6% to $90.58 and RevPAR dropped 52% to $39.11.

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• 19 November

  Cendyn Announces Next-generation Customer Data Platform, Starling

  

  Today, Cendyn announces Starling, Cendyn’s next-generation customer data platform (CDP). Starling unites, transforms, cleanses, and enriches millions of data points from all your technology solutions, giving you the ability to take control of your data and keep guests at the heart of what you do.

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