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6 Online Travel Myths Unmasked at PhoCusWright Analyst Forum
Myth #1: The number of online travel buyers in the U.S. is declining. In fact, that number is on the rise, as documented in The Consumer Travel Trends Tenth Edition recently published by PhoCusWright Inc. In 2007, approximately 70% of online travelers (that is, adults who have taken a commercial air trip and stayed at a hotel for leisure in the past year, and used the Internet in the past 30 days) bought travel online, compared to 63% in 2006.
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Openings |
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W Minneapolis-The Foshay Opens
Owned by Foshay Hotel LLC, W Minneapolis-The Foshay Features Manny's Steakhouse, Prohibition Bar, Nearly 7,000 Square Feet of Ultra Stylish Function Space, a State-of-the-Art Gym, Wired Business Center And the Only Observation Deck in Minneapolis
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Aloft Nashville, Tennessee Opens
aloft Nashville - Cool Springs in the upscale Cool Springs District of Williamson County, just minutes south of Nashville, Tennessee. The hotel is owned by a joint venture in which Interstate Hotels & Resorts (NYSE: IHR) and The John Buck Company (TJBC) of Chicago, Ill., a real estate development firm, are partners.
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Choice Hotels Opens 48 New Hotels In August
Choice Hotels International, Inc. (NYSE: CHH) continues to grow with the announcement of 48 newly-opened franchised properties during the month of August. The openings include hotels in 25 states and three countries, adding more than 4,300 rooms to the company's existing 460,000-plus rooms.
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RIU opens its fourth hotel in Jamaica
RIU Hotels & Resorts opened the Riu Montego Bay hotel, its fourth establishment on the Caribbean island of Jamaica.
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