According to a new report from global hotel consultancy HVS, the number of hotel owners using third-party operators to run their properties looks set to increase across Europe, reflecting the desire for flexibility as well as a number of other benefits.
According to AAA estimates 112.7 million people will journey 50 miles or more away from home from December 23 to January 2 in the United States. That's an increase of 3.6 million people over last year and closing in on pre-pandemic numbers. 2022 is expected to be the third busiest year for holiday travel since AAA began tracking in 2000.
According to new data from global hotel consultancy HVS reveals that historically growth in hotel ADRs (average daily rates) tends to outpace inflationary growth, even in times of high inflation.
Based on new AAA predictions, 54.6 million people will travel 50 miles or more from home this Thanksgiving holiday in America. That's a 1.5% increase over 2021 and 98% of pre-pandemic volumes. This year is projected to be the third busiest for Thanksgiving travel since AAA started tracking in 2000.