Gaming Industry News - Trends

Pent-up Demand Also Leads to Lower Look-to-Books as Consumers Return to Booking - More

Published in conjunction with STR (Smith Travel Research) and endorsed by the Hotel Association of Canada. This publication summarizes weekly occupancy and average room rates from major cities in Canada. - More

In year-over-year measurements, the industry’s occupancy increased 10.6 percent to 60.1 percent. Average daily rate rose 2.4 percent to US$96.50. Revenue per available room increased 13.2 percent to US$57.98. - More

The U.S. Hotel Industry Leading Indicator, or HIL, increased 0.2 percent during July after going down 0.5 percent during June, according to research firm e-forecasting.com in conjunction with Smith Travel Research. - More

In year-over-year measurements, the Canadian hotel industry’s occupancy was up 6.6 percent to 74.6 percent. Average daily rate increased 1.4 percent to CAD$129.11. Revenue per available room for the week rose 8.0 percent to CAD$96.34. - More

Mobile Lotteries in Emerging Markets Dominate Short Term Growth While Deregulation of Remote Gambling Also Key to Future Expansion - More

International tourist arrivals are estimated to have grown by 7% in the first half of 2010. While growth was modest in April as a consequence of the closure of European airspace following the eruption of a volcano in Iceland, results were strong in May (+10%) and June (+8%). Data available for July indicates that growth is set to continue at a s... - More

After seeing signs of improvement in the travel industry at the start of the year, conditions are beginning to get a bit murky. It's too soon to tell whether the weakening demand was the result of travelers opting to take advantage of a stronger U.S. dollar and travel to Europe, or if it is a reflection of a more cautious consumer. - More

Gulf Coast Tourism Declines Sharply from May to June Following Oil Spill - More

Yet, SnagAJob.com survey finds one-third say the ‘worst is yet to come’ in U.S. economy - More