travel industry

US Travel Association reaches out to educate voters and legislators

 TRAVEL IS ONE OF AMERICA’S LARGEST INDUSTRIES Generated $1.9 trillion in economic output in 2011 Directly generated $124 billion in tax revenue for local, state and federal governments TRAVEL IS AMERICA’S LARGEST SERVICES EXPORT INDUSTRY Generated $153 billion in travel exports. Combined with $110 billion in travel imports creates… $43 billion in balance of travel

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Hotel performance metrics down year over year – mirroring airline capacity declines

Smith Travel Research reported today that the US Hotel Industry posted declines in two key performance measurements for this past week. Occupancy fell 7.3% to 64.2% and the revenue per available room fell 7.1% to close at $69.76. The average daily room rate stayed fairly steady at a .1% increase to $108.61. Brad Garner, VP

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