Ringing in the New Year in New York City this December 31 will be an expensive proposition for travelers who waited until the last minute to secure a reservation. New analysis compiled by NewYorkHotels.org has found that a few hotel rooms are still available in and around the Big Apple, but only if revelers are [...]
According to TravelClick’s November 2011 North American Hospitality Review, all travel segments — business travel, leisure travel and group business — are experiencing moderate gains in demand and room rate for the next 12 months. The North American Hospitality Review is based on actual hotel bookings from Q4 2011 through Q3 2012. For this period, [...]
While financial sentiments steadily eroded for most of 2011, Americans ended the year on a more upbeat note. The COUNTRY Financial Security Index increased again in December, jumping 1.6 points to 64.8. Americans’ confidence in both their ability to pay debts and their overall financial state, which each rose four points, helped drive this increase. [...]
Associated Builders and Contractors (ABC) released its 2012 economic forecast for the U.S. commercial and industrial construction industry. “ABC’s analysis of construction trends indicates 2012 will be a year of gradual progress as advances in private construction are partially offset by ongoing declines in publicly financed construction,” said ABC Chief Economist Anirban Basu. “Nonresidential construction [...]