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 HIP, hotel industry pulse, is an indicator which 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, HIP - the hotel industry pulse, 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 HIP is a 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.
Sample Hotel Industry Pulse - HIP
Sample Hotel Industry Pulse