US hotel business activity up in July
The Hotel Industry Pulse indicator, or HIP, is a composite indicator that gauges monthly overall business conditions in the U.S. hotel industry. The indicator climbed by 1.7 % in July to 103.1 following an increase of 0.7 % in June. The index was set to equal 100 in 2005.HIP's six-month growth rate, which has historically confirmed the turning points in U.S. hotel business activity, had a positive rate of 10.3% in July following a positive rate of 8.1% in June. This compares to a long-term annual growth rate of 3%, the same as the 30-year average annual growth rate of the industry's gross domestic product. The probability of the hotel industry entering into recession, which is detected in real-time from HIP with the help of sophisticated statistical techniques, registered 7.2 % in July, up from 7.0% reported in June. When this recession-warning gauge passes the threshold probability of 50%, the U.S. hotel industry enters a recession. Two of the three demand and supply indicators of current business activity that constitute HIP had a positive contribution to its change in July: Hotel Jobs and Hotel Capacity. The current business activity indicator which had a negative or zero contribution to HIP's change in July was Spending on Hotels. The Hotel Industry Pulse, or HIP for short, is a hotel industry indicator that was created to fill the void of a real-time monthly indicator for the hotel industry that captures current conditions. The indicator provides useful information about the timing and degree of the industry’s link with the US business cycle for the last four decades. Simply put, it tracks monthly overall business conditions in the industry, like an industry GDP, and points in a timely way to the changes in direction from growth to recession or vice versa. The composite indicator is made with the following components: revenues from consumers staying at hotels and motels adjusted for inflation, room occupancy rate and hotel employment, along with other key economic factors which influence hotel business activity.
Hotels In New Hampshire - News
DURHAM, New Hampshire— Business activity in US hotels rose in July according to the latest reading of the Hotel Industry Pulse indicator. The Hotel Industry Pulse indicator, or HIP, is a composite indicator that gauges monthly overall business
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Mitt Romney (left) and Jon Huntsman, in New Hampshire on July 4 , are both GOP presidential candidates and Mormons. (Darren Mccollester/ Getty Images) By Shira Schoenberg HOLLIS, NH - Daniel Anderson was at work operating a complex machine used for
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Hotels in New Hampshire
When searching for the best hotels in New Hampshire , there several tips and steps you can follow to find the right hotel for you and your family.
How to Find Hotels in New HampshireFirst, it’s important that you narrow your search down to a specific region of New Hampshire, if possible. For instance, if you’re looking for hotels in the White Mountain region, then you should include the keyword “White Mountains” when searching for resort hotels in New Hampshire. Next, you should determine your specific requirements or special needs when it comes to staying at hotels in New Hampshire. For instance, if you require Internet access, an exercise room or other amenities, it’s important that you check to see whether the hotel offers such services before booking your stay. You can also browse detailed customer reviews of the best New Hampshire hotels through websites like TripAdvisor as well.
Popular Hotels in New HampshireThere are several great hotels in New Hampshire. The first hotel is the Hilton Garden Inn in Manchester, New Hampshire. The hotel is located in the historic district of Manchester. It is within walking distance to the Verizon Wireless Arena, home of the Manchester Monarchs. Some of its best amenities are an indoor pool, shuttle services, a microwave, a refrigerator, a coffee maker, cable TV, ironing facilities and a work desk. Guests of the hotel can work out at the gym and eat breakfast at the hotel’s restaurant, Pavilion. The hotel has a great view of the local minor league baseball field as well.
The second hotel is Homewood Suites. This hotel is located in Dover, New Hampshire. The studio rooms of the hotel include a full kitchen with two burner stove and free Wi-Fi. The guest rooms of the hotel have an iPod docking station, cable TV with HBO, a kitchen that includes a microwave, refrigerator and a dishwasher. One of the best amenities is the indoor pool that is open all year round. Guests will have the use of the hotel’s barbecue facilities and the gym. The hotel is close to the Children’s Museum and the historic district of Dover.
The third hotel is the Courtyard by Marriott. This hotel is located in Concord, New Hampshire. The hotel gives the people who stay at the hotel a free coffee and newspaper in the morning at the lobby. The guest can get free airport shuttles and Wi-Fi from the hotel. The rooms have a coffee maker, Cable TV, and a living room. Room services is available for all guests along with a breakfast buffet in the morning. The hotel also includes an indoor pool and a business center. So people can stay at the hotel for business or for pleasure. Keep in mind that these are just some of the top hotels in New Hampshire and there are plenty more for you to explore!
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