Airline Cutbacks Expected to Hurt Hotels
It only makes sense. Fewer arrivals at your airport means fewer travelers looking for hotel rooms.
But PKF Hospitality has released a report that identifies a direct correlation between a reduction in airline seats to hotel stays. And, if the reduction in routes hits the anticipated 10%, PKF estimates that occupancy will drop 3.9%.
MeetingsNet's Sue Pelletier surmises that this decrease will be felt mostly in leisure travel...and not in the meetings market.
I'm not so sure...as the reduction in flights will increase fares. Add the increasingly inane add-on fees and hassle...and I'm thinking a lot of potential attendees will say, "screw it" and stay home.
In any case, hotels in air markets are in for a rocky ride. As are the DMOs upon which they depend.










Recent Comments