Lodging Industry Trends

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From TravelPulse.com:

STR’s preliminary year-end data indicates that the U.S. hotel industry will finish 2012 by posting strong performances in all major metrics. Based on STR data through November, preliminary 2012 year end results for the U.S. hotel industry include increases in supply (0.5 percent) and demand (2.8 percent), a 2.3 percent increase in occupancy to 61.3 percent, a 4.3 percent rise in average daily rate to $106.17, and a 6.6 percent jump in revenue per available room to $65.08.

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From Time.com’s Moneyland blog:

Bunk beds are associated with “The Brady Bunch,” IKEA catalogs, and summer camp. But hip urban hotels?

Travelers tend to encounter bunk beds only in a select few places: youth hostels, vacation homes, perhaps the occasional quirky flophouse hotel. A lodging establishment with bunks could be expected to be dated and grungy — shag rug, wood-panel walls, old mattresses, a funky must in the air. Not so anymore.

A new breed of cool, modern hotels may make travelers rethink the bunk bed. In New York City and other U.S. locations where square footage comes at a premium, hotels are embracing bunks to appeal to guests’ nostalgia, as well as the simple need to save money and space. And they’re pairing bunks with boutique amenities and atmosphere and hip, sleek, upscale design.

Continue reading at Time.com.

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