SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

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Hotel Owner

MAY 20, 2024

The staycation trend has seen an unprecedented surge in popularity, particularly in the wake of global events that have restricted international travel, particularly due to the covid-19 pandemic. The appeal lies in the convenience, reduced travel costs, and the opportunity to explore local attractions that might otherwise be overlooked.

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InnQuest

AUGUST 24, 2022

Here’s a detailed breakdown of the importance of bleisure travel for hotels and how to attract more bleisure travellers to quadruple your business profitability. . Amidst all of this, what once used to be strict “business-related travel” has now evolved progressively with a hint of “leisure and enjoyment”.

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Revenue Hub

JULY 31, 2023

There was a staggering 131% increase in digital nomads from the US when compared to pre-pandemic 2019. Digital nomads generally combine remote work and travel for various reasons and lengths of time. Obviously they love travel, but here are a few things you need to know about these travellers. Who are digital nomads?

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Travel and Tourism Article Definition Scheduling 84

Hospitality Net

JUNE 23, 2023

Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date.SiteMinder’s data, which compares current booking volumes to those in previous years, places Spain as a European favourite, followed by Portugal, Italy and the UK.

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Revenue Hub

JANUARY 17, 2023

If you were hoping for certainty in 2023 after years of turbulence across the travel and hospitality industry, then you’re probably going to be disappointed. Well, it’s a surprisingly positive one for the travel consumer and industry. High inflation and its impact on consumer travel spending. The outlook?

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Travel and Tourism Pricing Article Marketing 85

SiteMinder

NOVEMBER 30, 2023

What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4

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Hotel Owner

JULY 22, 2024

Scotland showed the strongest recovery in overseas visitors in 2023 compared with 2019, with visits up 15% while spend was up 41%, further supporting business for Scottish hotels. Bruce Springsteen’s sold-out concert in Belfast at the beginning of May contributed to prices soaring.

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SiteMinder

NOVEMBER 6, 2023

The partnership sees easyJet holidays integrated into SiteMinder’s platform, so listed hotels can offer dynamic room rates to travellers and make their full inventory bookable. SiteMinder data shows that hotel bookings in various pockets of Europe are now above 2019 levels, including in the UK, Spain, Portugal and Italy.

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STAAH

JULY 25, 2023

There was a staggering 131% increase in digital nomads from the US when compared to pre-pandemic 2019. Digital nomads generally combine remote work and travel for various reasons and lengths of time. Obviously they love travel, but here are a few things you need to know about these travellers. Who are digital nomads?

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InnQuest

MARCH 23, 2023

When international flights were introduced we started to have a huge surge of visitors, then from 1992 and 2019, the number of visitors doubled. annually, faster than the overall economy (IBISWorld). An analysis by the World Travel and Tourism Council (WTTC) states that in 2019, the sector contributed more than $4.5

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SiteMinder

JUNE 22, 2023

Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date. British, French, German, Italian and Dutch travellers, in that order, are visiting Spain in the highest numbers. percent this same time last year.

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Hotel Owner

AUGUST 4, 2023

For the experiential traveller, where better to stay than the short-term holiday let, which offers the opportunity to live like a local would? Tourism is vital to these local economies and represents 10% of all employment in Devon and 20% in Cornwall, so limiting access to Britain’s holiday hotspots would offer no relief.

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SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

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Reservations Book Travel and Tourism Marketing 52

SiteMinder

FEBRUARY 9, 2023

Sydney, Australia – Newly released data from SiteMinder, the world’s leading open hotel commerce platform, highlights the increase in outbound reservation volumes from mainland China following the country’s relaxation of travel restrictions on January 8.

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Hotel Owner

APRIL 15, 2024

Hotels are also affected by the number of international tourists travelling to the UK, which has still not reached pre-pandemic levels as of Q3 2023 at 10.9m. This is 8% less than Q3 2019. As a result, hotel businesses have amassed significant levels of debt to weather the lack of tourism during the lockdown period.

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Revenue Hub

DECEMBER 14, 2022

Many hoteliers worry about how the economy will develop in 2023 and how this will affect travel and tourism. However, they also see a strong trend of revenge travel which means people will continue to travel. Most likely in different volumes, but with increasing prices, the total spending will be the same as in 2019.

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Boutique Hotel News

OCTOBER 28, 2022

While not without controversy, Qatar’s hosting of the 2022 FIFA World Cup is a significant milestone on its journey to becoming a premier league tourism destination. Berthold Trenkel, COO of Qatar Tourism, says: “2022 has been an extraordinary year in Qatar with so many major new hotel and tourism openings.

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SiteMinder

NOVEMBER 14, 2022

Although the impacts of the COVID-19 pandemic on the tourism industry were harsh, there remained a great opportunity for Siri Village Chiang Mai to start a hotel business for the first time. In 2019, we bought an old house of Chao Phraya that is over 100 years old and developed it into a coffee shop and photo gallery,” he explained.

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Property Development Travel and Tourism Book Document 98

Hotel Owner

FEBRUARY 8, 2023

Across the UK, operators also saw significant growth, with the industry reaching peak RevPAR (Revenue Per Available Room) of upwards of 10% and 15% against 2019. International travel restrictions stimulated ‘the great British staycation’, which caused hotels to experience buoyant trading performances across coast and country markets.

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Hotel Business

MAY 1, 2023

For the first quarter ended March 31, Accor Group reported a 19% increase in RevPAR vs. the same period of 2019. They reflect the attractiveness of our brands, the commitment of our teams and an ever-greater desire for travel and adventure on the part of our guests. Revenue for the quarter was up 54% vs. the same quarter last year. “In

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Travel and Tourism Accounting Pricing Property Management 59

Revenue Hub

OCTOBER 20, 2023

Subscribe to our weekly newsletter and stay up to date GOP Margin by Country 2019 – 2023 1. 2023 Hotel Performance: Growth Is Slowing In UAE, Saudi Arabia, India, Brazil, and the Caribbean, hotel profit margins in the first half of 2023 well surpassed 2019 levels, whereas they lagged in the UK, Germany, Spain, Poland, and Qatar.

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Budgeting Travel and Tourism Pricing Article 101

SiteMinder

FEBRUARY 25, 2024

Table of contents Latest news in the hospitality industry A year of increased stability and growth At the beginning of 2023 the focus was firmly on growth, particularly given the effects of COVID on the travel sector over the preceding years. Almost one in five hotel rooms booked online are cancelled prior to travel.

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Hotel Business

FEBRUARY 24, 2023

For full-year 2022, Accor reported group RevPAR for full-year 2022 was 2% higher than in 2019. In the Americas, RevPAR in full-year 2022 was 5% higher than in 2019. Tourism recovered substantially in 2022 and our performances, up strongly in all regions, reflected that rebound,” said Sébastien Bazin, chairman/CEO, Accor.

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Pricing Travel and Tourism Accounting Presentation 52

Hotel Owner

MAY 16, 2024

According to the index, Belfast has retained its position as second place, primarily due to its significant RevPAR growth in recent years, with a compound annual growth rate (CAGR) of almost 11% for the period between 2019 and 2023.

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Marketing Travel and Tourism Pricing 40

Boutique Hotel News

JANUARY 27, 2023

Z is for zero carbon Probably the biggest issue facing the real estate sector – and by extension travel and tourism – is reaching net zero carbon, both in construction and operationally. Having a period without travel has made people appreciate their holidays even more.”

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EATER

MAY 29, 2020

Nowhere in Europe has tourism played as big a role in shaping the overall food scene as Portugal. Over the last several years there’s been a drastic spike in the number of travelers flocking to the Iberian country — tourism pumped 18 million euros into the local economy in 2019 alone (compare that to 9.4

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Hotel Owner

JUNE 30, 2023

My role as someone who came from operations was to identify the opportunities where capital investment into these old Hilton assets was going to create upside opportunity on the purchase price. Then, in 2019, I sourced a buyer. This would create more of an appetite for a buyer to come in and take on the properties.

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Travel and Tourism Presentation Pricing 94

Modern Restaurant Management

SEPTEMBER 27, 2024

Fast-Casual Fast Growth Rising prices in recent years have evidently been good for someone: Fast-casual restaurants. titled Pricing Strategies Driving Restaurant Visits in 2024. Shake Shack is thriving even as it raises prices. The fast-casual burger chain increased prices by 2.5 percent year-over-year, compared to 0.4

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Modern Restaurant Management

JULY 1, 2020

The importance of the price of offering lowered from 78 percent to 50 percent. Prioritizing price amidst COVID-19 fell by almost half among those ages 60+, from 78 percent considering it a top-three factor prior to the outbreak to 41 percent now. The average salary for a chef or head cook was $56,310 in 2019. In 2019, 15.7

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Boutique Hotel News

MARCH 6, 2023

Until its closure in December 2019, she was a trustee of the Cornwall Food Foundation, the charity which owned the social enterprise restaurant, Jamie Oliver’s Fifteen, and delivered the training programme, as well as being a non-executive director of the restaurant.

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Modern Restaurant Management

DECEMBER 4, 2020

“They’ve had to basically adapt and change their entire business model,” says Yang Yang, an associate professor in the School of Sport, Tourism and Hospitality Management (STHM) at Temple University. Asia Center for Tourism and Hospitality Research, the road to recovery could still be a long one.

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Travel and Tourism Marketing Customer Service Pricing 145

Modern Restaurant Management

SEPTEMBER 30, 2020

Overwhelming top response was fear of catching/spreading COVID-19, followed by a corresponding reduction in travel. Followed (not surprisingly) by restaurants and delivery drivers following proper safety protocols, price, and ease of ordering from the restaurant. The price to purchase a hamburger cooking robot is about $60,000.

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Travel and Tourism Pricing Reservations Communication 189

EATER

DECEMBER 7, 2022

Tourism Whistler/Justa Jeskova. Whistler experienced a boom in Japanese tourism in the ’80s, and though the groups in matching neon outfits headed back to Japan in the early ’90s after the decline of the yen, they left behind a standard of excellence in the town’s sushi restaurants, which have only multiplied since.

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Travel and Tourism Pricing Reservations Marketing 86

EATER

OCTOBER 1, 2021

Like with most foreign food trends, the popularization of Mexican foods typically begins with a so-called discovery by the white traveler. The tourism boom and food-world influencers together surface Mexican ingredients, which then make their way into American restaurants, bars, and sometimes even grocery stores. Shutterstock.

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Revenue Hub

MARCH 3, 2023

Hotel prices in key American leisure destinations soar, while hoteliers in markets more reliant on business travel and long-distance international tourism are facing tougher times. We will broadly split these into more ‘commercial-focused cities’ and ‘consumer tourism focused cities’ for this analysis.

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Pricing Travel and Tourism Article Marketing 85

Modern Restaurant Management

MARCH 16, 2020

analyzed daily traffic from February 26 through March 7 and compared it to the equivalent period in 2019. Imports during 2019 totaled 21.6 11-16, 2019. Better value for customers who won’t pay fees or higher menu prices associated with delivery. Some Placer.ai Impact on Imports. million TEU in May, a 9.3

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Marketing POS Systems Accounting Travel and Tourism 122