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With more on that multi billion dollar.
Hospitality industry today we check in with Cheryl Casone live here in New York -- -- we are here -- midtown Manhattan and if I just wanted to get out -- to the streets of New -- it needed to talk to people to find out exactly.
Are they spending we're going to be doing that the next -- markets now are now on -- day as -- get ready in the markets get ready for the big jobs report coming up tomorrow and the numbers we -- -- today's not looking so pretty let's talk about the hotel industry and the services sector overall what that means.
The employment picture in this country one point eight million jobs.
Are created by the hotel industry in this nation every day and it is big business if you look at that unemployment over the -- a this is an employment in the hotel the hotel industry over the last -- years -- march 2010.
-- almost thirteen million jobs that has steadily increase as you can see you right now a now for march 2000 at thirteen.
The estimates almost fourteen million jobs -- many of the major hotel companies.
In this country have been saying a big boost when it comes to revenues and sales actually -- the United States believe it or not.
That is a different story at a change that we're -- over the last six months because it has been the global expansion that we have been following so closely here on fox -- -- if you look at where many.
Of these major chains are looking to expand it is oversees the UK France Germany and if you go to -- Asia Pacific breeze in China Thailand.
And Australia -- one thing I do when you're meant do what MS development president backs you title is it not -- people are spending on -- -- as we all want to know what the average room rate is.
In the United States -- can -- taken yes what do you think the.
Average drew -- little item auto no 1517180.
Some of them -- -- -- a lot higher here course for the -- figured -- trying to.
You're a big spender like man we're talking a 101 dollar -- -- -- -- -- -- -- I -- -- and hotels and everything -- -- probably and I guess that makes sense another -- again.
-- -- what you get for a 101 dollars in New York tonight not there yet you get a box.
May be a that's -- -- to Saudi throughout they live from New York a lot of people traveling by.
Yellow cab behind her today now business and travel report that's.
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