Hotel Rates may bounce back soon
According to the recent news, The hotel industry could be bouncing back more quickly than originally expected.
Hotels may start hiking prices as a good sign of tourist arrival in almost all destinations worldwide.
On Tuesday, Smith Travel Research, a hotel-industry research and consulting firm, revised upward its outlook for 2010.
Because hotel occupancy levels currently look better than STR expected in the U.S., “we think the recovery will pick up its pace during the second and third quarters of this year, then it will moderate,” says Mark Lomanno, president of STR.
STR predicts that occupancy will increase 1.9% in 2010 to 55.8%. The company’s previous forecast anticipated occupancy would remain flat year-to-year.
Categories: Hotel News Tags: best hotel rates blog, hotel rates good
Best Travel Answers- How much is boracay roundtrip airport transferi would like to inquire if you can arrange roundtrip land and sea transfer for 9pax. please advise how much do you charge from kalibo airport to orinda boracay beach resort station 1 in diniwid boracay. arrival is on may 14. departure may 16. hoping for your immediate reply. thanks […]
- 2012 Philippine International Hot Air Balloon Fiesta Schedule of ActivitiesOfficial Dates and Times of Hot Air Balloon Fiesta Events - The 17th Philippine International Hot Air Balloon Fiesta will be held from Thursday 9th February through Sunday 12 February. Early Morning events at the Philippine International Hot Air Balloon Fiesta 2012 Below is final schedule for the upcoming 2012 Philippine International Hot Air Balloon Fiesta. […]
Airline Ticket Promotions- International travel medical insurance for a stress-free tripInternational travel medical insurance can be used by short-term tourists, primarily on vacations and pleasure cruise trips. Besides covering medical expenditures for any short travel time, you’ll find covers on urgent medical evacuations and trip cancelling reimbursements. Whenever you arrange using a travel agent for a tour having a fixed timetable, all th […]
- Thai AirAsia offers flight promotionsThai AirAsia launched a super discounted flight promotion for the post-flood period in order to boost the Thai tourism industry and as a New Year’s gift for passengers. Chief Executive Tassapon Bijleveld said the campaign called “Awesome Sale!” offers ticket prices starting at Bt100/flight until Dec. 11, with actual travel from July 1-Oct. 27 next […]
