American hotel forecasts remain stable in 2025-gathering (meeting |
Costa and Tourism Economics have the least adjusted growth forecast for the first hotel forecast in the United States in 2025, and have just been released at the American Accommodation Summit (Alis). For 2025, the expected daily tax rate (ADR) and the available room income (REVPAR) are expected to be unchanged, respectively,+1.6 % and+1.8 %, respectively. The one -year check rate increased by 0.1 PPTS to 63.1 %. "Although business optimism is getting greater and greater, economic data has not changed significantly compared with previous forecasts." "The performance seen in the fourth quarter is stronger. (Including holiday travel compression and incidents related to weather), it does not constitute a change in trends. High -end hotels will continue to promote industry performance. "It is expected that the economic situation in 2025 will provide a favorable background for travel activities. The unemployment rate is low, the inflation rate is slow, and consumers are spending, especially those families with high income. Commercial investment…
Global economic growth is expected to remain stable
The United Nations predicts that global economic growth will remain at 2.8% in 2025, maintaining the growth rate set in 2024. According to Reuters, this trend is affected by the economic slowdown in the world's major economies, the United States and China. The World Economic Situation and Prospects report outlines how modest recoveries in the European Union, Japan and the United Kingdom, as well as strong performance in India and Indonesia, are expected to provide supporting momentum. Also read: Global economy stabilizes but faces slow growth and ongoing challenges Despite these positive indicators, the report noted that global growth expectations remain below the pre-pandemic decade average of 3.2%. The slowdown is due to structural challenges such as weak investment, slow productivity growth, high debt levels and demographic pressures. Affected by a cooling labor market and reduced consumer spending, U.S. economic growth is expected to slow to 1.9% in 2025 from 2.8% last year. At the same time, China's economic growth…
U.S. jobless claims decline as labor market remains stable
The number of new U.S. jobless claims unexpectedly fell last week, signaling a strong labor market as 2024 draws to a close. In a surprising development, the Labor Department reported that initial jobless claims fell by 9,000 to a seasonally adjusted 211,000 in the week ended December 28. For more details, visit the original report here. Also read: Post-Christmas rejection surge in U.S. truckload market The data, analyzed by economists polled by Reuters, showed the employment sector was in much healthier shape than expected at 222,000. The accuracy of forecasts amid seasonal fluctuations demonstrates the underlying strength of the economy. Other insights from IndexBox suggest employment continues to be stable, with recruitment agencies showing the number of people receiving benefits fell by 52,000 to stabilize at 1.844 million. In response to economic resilience, the Fed has chosen a conservative approach, forecasting just two rate cuts in 2025 instead of the four forecast earlier this year. The decision reflects confidence in…
Cargo dynamics remain stable during challenging holiday season
Despite the challenging holiday season, freight dynamics have remained stable, as reflected by the Shipper FreightWaves Supply Chain Pricing Power Index remaining at 40 for a week in a row. An unchanged index value indicates that shippers continue to maintain balanced pricing power with carriers. According to the data cited in the FreightWaves report, the coming weeks are expected to provide clearer direction, especially after the New Year's reset. Also read: Carriers regain support in freight talks amid seasonal slowdown Market signals indicate seasonal patterns FreightWaves SONAR insights show that the Outbound Tender Volume Index (OTVI) dropped significantly by more than 31% compared to last week. It comes as the freight industry grapples with logistics disruptions caused by the midweek holidays. Contract load acceptance, which tracks the amount of load accepted, is consistent with this trend, reporting a similar decline. It is worth noting that among the different freight markets, only four markets saw freight volume growth, and these were…
SC ports expand rail infrastructure in stable container
South Carolina Ports (SC Ports) continues to solidify its role as the logistics hub of the Southeast, supported by continued container throughput and significant rail infrastructure advancements. Also Read: SC Ports reports 7% cargo volume growth in June, setting various operational records SC Ports has three terminals capable of accommodating large vessels, a 52-foot-deep port (the deepest on the U.S. East Coast), and soon-to-be 10 million TEU capacity. The network includes two inland ports served by rail, as well as an inshore rail yard under development. Progress is well underway on an intermodal facility at the Naval Base in the Port of Charleston that will greatly enhance rail operations. Site grading and utility work are nearly complete, and concrete paving and track construction at the intermodal yard are underway. The facility will be served by CSX and Norfolk Southern Airlines, increasing capacity and efficiency. The expansion of the Greer Inland Port added more than 9,000 feet of rail and expanded…
Stable and large-scale | The 11th China (Wuhan) International Pipeline Network Exhibition and 2024 Annual Meeting of Underground Pipeline Professional Committee opened with great fanfare in Wuhan
Building a resilient city – coordinated development of urban renewal and vital securityThe autumn air is clean and the sky is clear. The much-anticipated "Eleventh China (Wuhan) International Pipeline Exhibition 2024 and 2024 Annual Meeting of Underground Pipeline Professional Committee" opened with great fanfare at the Wuhan International Exhibition Center on November 13.This event is guided by the China General Administration of Coal Geology, organized by the Underground Pipeline Professional Committee of the Chinese Society of Surveying and Mapping, and jointly sponsored by China Construction Third Engineering Group Co., Ltd., Industry ecological protection of the Yangtze River environment. Alliance, “China Municipal Engineering” magazine and “Water Supply and Drainage” magazine, jointly organized by many pipeline network industry associations and leading units in the pipeline network industry, hosted by Zhongze International Exhibition (Beijing ) Co., Ltd., attracting thousands of industry experts, scholars and business leaders from all over the country and even abroad to participate in this grand event.On this occasion, the…
Silicon photonic chips for quantum computing need stable
Silicon photonic chips used for quantum computing operate at temperatures of several kelvins. This makes it challenging to connect the necessary single-mode optical fibers. Typical epoxy bonding methods cannot create a stable connection, especially when multiple cooling cycles are required. Selective laser soldering provides a more robust connection that withstands repeated temperature cycles. The VersaSolder system from nanosystec is ideal for connecting multiple optical fibers to this type of silicon photonic chip. Two optical heads focus the laser beam to the connection point and re-solder the solder. After the laser power is reduced, the solder cools and forms a stable connection. The symmetrical configuration with two simultaneous beams avoids misalignment during assembly. Compared to epoxy gluing, the laser welding method saves time because placing the fiber and welding takes only a few seconds. Therefore, laser welding can also achieve higher production throughput. The VersaSolder system has a modular architecture and can be configured to meet the requirements of specific process…
US freight demand remains stable, container prices remain stable
The global container shipping industry continues to witness an increase in demand for US freight, with 59% of supply chain professionals surveyed in August 2024 affirming this, while 30% of respondents said they did not observe a sustained increase in demand and 11% remained unsure about the trend. This also explains the continued upward pressure on US container prices and the above-average container leasing rates from China to the US. Figure 1 US freight demand survey conducted by Container xChange in August 2024 "Looking ahead, the key question remains: how will freight and container prices evolve over the next 3 to 6 months? On the one hand, several factors are likely to keep freight rates high or at least stable. For example, ongoing disruptions on the Red Sea continue to absorb capacity, with no clear resolution in sight. In addition, labor disputes on Canadian railroads and at U.S. East Coast terminals have led to delayed container turn times. This means…
BYD ATTO 3 Dynamic Edition, stable price
BYD India, which celebrates its 11th anniversary, has expanded its electric vehicle lineup with the launch of ATTO 3 models, maintaining the introductory price. The article BYD ATTO 3 Dynamic Edition, Price Stable appeared first on RushLane.
U.S. consumer spending remains stable, with no signs of an early peak
Policy uncertainty in Europe and the United States has a negative impact on trade: “In a more uncertain environment,” a World Bank report states, “firms may choose to postpone investment and export decisions, and consumers may cut back on spending.” The latest data from the U.S. Bureau of Economic Analysis (BEA) shows no sudden increase in U.S. consumer spending, supporting the view that the early peak season for container cargo is driven more by frontloading of imports rather than increased consumer demand. Also read: US consumer spending trends reshape container shipping dynamics © Ocean Intelligence According to Sea-Intelligence, year-over-year growth rates for “durable goods” fell sharply in early 2024, and although they have recovered, they have not yet reached 2023 levels. In contrast, spending on “non-durable goods” has been showing consistent growth since late 2022, but there was no unexpected spike in consumer spending in the late spring and early summer of 2024. The only significant increase in consumer spending…
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