Foreign travelers account for 1 in 7 hotel customers.Approximately one U.S. hotel room night in ten is now rented to an international visitor. By 1995, that number will reach almost one in seven (13.5 percent), according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. Coopers & Lybrand Hospitality Directions, the firm's quarterly research journal. These ratios exclude travelers from Canada and Mexico. The largest number of international travelers in 1992 came from Europe (8.3 million), which has also shown the fastest growth rate, the journal reports. Only about 3 percent of these were from Eastern Europe Eastern Europe The countries of eastern Europe, especially those that were allied with the USSR in the Warsaw Pact, which was established in 1955 and dissolved in 1991. , but volume is up 270 percent since 1931 and is expected to continue to rise. Second in number of visitors was the Far East (5.6 million). Western European travelers also spent the most on lodging (51 percent of the total), followed by the Far East (25.2 percent) and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. (12.1 percent). These figures are based on an analysis of data from the U.S. Travel and Tourism Administration's 1991 Inflight Survey. The visitors with the highest average daily lodging expenditures were from regions where vacations dominate the purpose of trip, in particular, the Far East ($62.90 a day) Australia and Pacific Islands ($59.29), and South America ($56.90). Lodging markets on both U.S. coasts enjoy the largest impact from international arrivals, Coopers & Lybrand Hospitality Directions found. The Middle Atlantic Adj. 1. middle Atlantic - of a region of the United States generally including Delaware; Maryland; Virginia; and usually New York; Pennsylvania; New Jersey; "mid-Atlantic states" mid-Atlantic region (which includes New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , the most popular metropolitan destination) led in 1991 with the highest ratio of international visitors to occupied rooms. The South Atlantic led in terms of absolute number of international visitors (8.8 million), followed by the Middle Atlantic and Pacific regions, each with 4.4 million. As the U.S. lodging industry expands its international clientele, Hanson explains, the global political economy will become increasingly relevant in predicting cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. changes in demand for lodging services. He adds that exchange rate changes will affect the relative attractiveness of U.S. versus foreign destinations, while overall demand will largely be determined by the economic health of visitors' domestic economies. International visitors create new challenges for hoteliers, which may include: accommodating for dietary requirements and religious observances; supplying translation services and interconnections among differing technologies; and providing expanded service hours for meals and operation of business centers for communicating with different time zones. Coopers & Lybrand Hospitality Directions is a quarterly research journal that gathers and analyzes industry empirical research Noun 1. empirical research - an empirical search for knowledge inquiry, research, enquiry - a search for knowledge; "their pottery deserves more research than it has received" and financial data, reveals developing industry trends, and provides timely strategic information valuable to hospitality industry lenders, owners, management, investors and attorneys. Each issue includes a 12-quarter forecast based on a unique econometric e·con·o·met·rics n. (used with a sing. verb) Application of mathematical and statistical techniques to economics in the study of problems, the analysis of data, and the development and testing of theories and models. lodging industry model. |
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