{"id":29548,"date":"2012-12-20T08:45:47","date_gmt":"2012-12-20T13:45:47","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=29548"},"modified":"2012-12-20T08:45:47","modified_gmt":"2012-12-20T13:45:47","slug":"hotel-booking-pace-behind-for-2013","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2012\/12\/hotel-booking-pace-behind-for-2013","title":{"rendered":"Hotel Booking Pace Behind For 2013"},"content":{"rendered":"

\"\"The Bahamas Hotel and Tourism Association (BHTA) warned that the resort booking pace for the 2013 first quarter was currently \u201cbehind\u201d 2012 comparatives, although average occupancies for the Christmas\/New Year period are expected to be 2-3 per cent up.<\/p>\n

Responding to Tribune Business\u2019s questions, Stuart Bowe, the BHTA president, said that despite the concerning early, it was still \u201ctoo early\u201d to predict the 2013 first quarter outcome with certainty.<\/p>\n

Expressing hope that the booking pace would pick up as the period neared, Mr Bowe nevertheless said: \u201cIt\u2019s too early to make firm projections, but the booking pace for the 2013 first quarter is behind the 2012 numbers, and we are hopeful that the period fills in.\u201d<\/p>\n

No explanations for the reduced booking pace to-date were provided, but possible factors are ongoing US consumer confidence \u2018wobbles\u2019 induced by protracted negotiations over Washington\u2019s so-called \u2018fiscal cliff\u2019, plus Hurricane Sandy\u2019s aftermath.<\/p>\n

The storm\u2019s lingering effects on the US north-east and coast, where 40-50 per cent of the Bahamas\u2019 stopover visitor market comes from, may also have dampened demand for a vacation in this nation.<\/p>\n

Either way, the bookings pace outlook will be of concern to both the Bahamian hotel industry and wider economy.<\/p>\n

The 2013 first quarter represents the peak winter season, this year including Easter, and is when Bahamas-based resorts make the bulk of their profits. These earnings then carry them through the quieter periods later in the year.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Bahamas Hotel and Tourism Association (BHTA) warned that the resort booking pace for the 2013 first quarter was currently \u201cbehind\u201d 2012 comparatives.<\/p>\n","protected":false},"author":13,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[153,25,229],"class_list":["post-29548","post","type-post","status-publish","format-standard","hentry","category-business","tag-business-2","tag-hotels","tag-resorts"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/29548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=29548"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/29548\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=29548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=29548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=29548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}