from today's HNN newsline (9/30):
Transportation's impact on lodging demand
30 September 2008 12:03 PM
Charles Snyder
charles@hotelnewsnow.com
"HENDERSONVILLE, Tennessee and KNOXVILLE, Tennessee—Newfound pressures are changing the historical dynamic between business and leisure hotel demand. In a whitepaper released on 09 September 2008 at the HSMAI Sales Strategy Conference in Washington, DC, Steve Morse, Ph.D., director and economist, Tourism Institute, University of Tennessee and Chad Church, manager, industry research at Smith Travel Research, analyzed the effect of increased transportation costs and an unstable economy on the current state of the U.S. lodging industry.
The analysis of hotel performance from 2006 through July 2008 looked at the effect economic and transportation issues had on demand and the business/leisure mix across the U.S., the top 25 metro markets and their price points (chain scale)." ...
for the complete story
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