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137. STR Updates 2011, 2012 Forecasts
The U.S. hotel industry is expected to end 2011 with a 4% occupancy increase to 59.9%, a 3.6% increase in ADR to US$101.58, and a 7.7% increase in RevPAR to US$60.81. Supply in 2011 is forecasted to rise slightly (0.7%) and demand is expected to end the year with a 4.7% increase.
138. Travelzoo Asia Pacific Survey Forecasts 17% Increase in Travel Budgets
Results from Travelzoo Asia Pacific’s annual subscriber survey forecast an increase this year of 17% in travel budgets over 2013. The results also highlighted transformations in the vacation spending patterns of Mainland Chinese travelers, with the majority willing to spend more for upgrading their holiday experiences and high-end accommodations.
139. ATR Forecasts Japan to Need 100 More Turboprop Aircraft by 2025
ATR has forecast a need for around 100 turboprop aircraft in Japan up to 2025. The aircraft will be used to upgrade existing fleets and open up new routes both domestically and regionally.
140. TripAdvisor Study Forecasts Key Travel Trends for 2016; Australians to Spend Most
TripAdvisor has unveiled the results of its latest TripBarometer study, forecasting key travel trends for 2016. Australians are set to spend the most globally in 2016 with an average travel budget of US$10,900, followed by the Swiss (US$10,100) and the Americans (US$8,400). Asian travellers are more conservative in comparison, with Japan ranking the highest with an average travel b
141. Airbus Forecasts Asia Pacific Fleet to Grow From 5,600 to 14,000 in Next 20 Years
In Asia Pacific in 2015, Airbus won 421 net orders from 17 airlines and lessors. This represented 39% of the company’s net order intake in 2015 for 1,080 aircraft. In addition, the manufacturer delivered 282 new aircraft to 40 operators across the region over the twelve month period, either directly or via leasing companies. This was 44% of the company’s total output of 635 aircraf
142. Embraer Forecasts Demand for 1,570 Deliveries of 70-130 Seat Jets in APAC Over Next 20 Years
Embraer Commercial Aviation has forecast that airlines in Asia Pacific, including China, will take delivery of 1,570 new jets in the 70 to 130-seat segment over the next 20 years (valued at US$ 75 billion, at list prices), representing 25% of the worldwide demand for the segment, in the period. According to the global Embraer Market Outlook for the 70 to 130-seat capacity segment f
143. JLL Forecasts US$7.5 Billion of Hotel Transactions in Asia Pacific in 2014
According to JLL’s latest Hotel Investment Highlights Report, transaction volumes in the Asia Pacific hotels market totalled US$3.9 billion during the first six months of 2014, up 6.5% on the same period in 2013. Asian hotel markets recorded the lion’s share of activity with sales totalling US$3.5 billion, compared to Australasia’s US$0.6 billion. Japan ($1.0 billion) and China ($1
144. ATR Forecasts Demand for 750 New Turboprops in APAC Over Next 20 Years
According to the latest ATR Market Forecast demand for new turboprops in Asia Pacific is expected to reach 750 units over the next 20 years. Out of the 750 estimated aircraft, 630 would be ATR 72 while the demand for ATR 42, accommodating up to 50 passengers, could reach 120 units.

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