Hospitality Net

MARCH 1, 2024

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78

Travel and Tourism 94

Travel and Tourism Marketing 94

Hotel Owner

FEBRUARY 22, 2023

Sustainable tourism is a term that means different things to different owners and operators in this fragmented tourism industry and therefore risks becoming meaningless if greenwashing is allowed to continue. Consumer consumption is excessive, and our carbonised lifestyle is pitted against a fragile environment.

Travel and Tourism 105

Travel and Tourism Accounting Training Budgeting 105

Revenue Hub

FEBRUARY 29, 2024

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. billion in 2022, and is projected to be worth USD 3,023.78 billion in 2022, and is projected to be worth USD 3,023.78

Travel and Tourism 107

Travel and Tourism Article Marketing Events 107

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel and Tourism 102

Travel and Tourism Book Reservations Marketing 102

Revenue Hub

MAY 26, 2023

Travel & Hospitality brands invest ample amounts towards digital marketing and on personalizing the online booking experience. Not to simply “like” a social media post, open a marketing email, or add something to their trip summary page, but to purposely book an experience? When do travelers plan their trips?

Book 98

Book Travel and Tourism Article Marketing 98

Hotel Business

DECEMBER 23, 2022

The Hospitality Sales & Marketing Association (HSMAI) has revealed its 20th class of the “best and brightest” in the hospitality industry with its list of the 2022 HSMAI Top 25 Extraordinary Minds in Sales, Marketing, Revenue Optimization and Distribution. The 2022 HSMAI Top 25 Extraordinary Minds: Hege V.

Travel and Tourism 72

Travel and Tourism Communication Marketing Book 72

InnQuest

JANUARY 5, 2023

2022 has left businesses in the tourism and hospitality industry with many important learnings, the most important one being – consumer preferences will be ever-evolving and the key to staying successful at all times is to prioritize guest experience.

Travel and Tourism 223

Travel and Tourism Property Management Blog Book 223

InnQuest

AUGUST 24, 2022

Searching for popular market trends to promote your hospitality business? 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. . Undoubtedly, bleisure travel has shot up the travel industry charts as a viral trend.

Travel and Tourism 130

Travel and Tourism Book Catering Marketing 130

Revenue Hub

OCTOBER 21, 2022

The travel sector in Europe is slowly but surely showing signs of recovery in the post-pandemic with Istanbul, Lisbon, and Madrid showing strong results. Travel recovery across Europe is set to continue in Q4 despite all the doom and gloom in the news about inflation, recession, oil prices and the war in Ukraine. And the best news?

Travel and Tourism 98

Travel and Tourism Article Book Blog 98

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.

Travel and Tourism 105

Travel and Tourism Book Marketing Communication 105

Revenue Hub

JUNE 4, 2024

We are now well into the third quarter of 2024, and the business travel industry is poised for considerable growth. As I travel around the country and internationally, I have noticed an uptick in people traveling for business in most airports that I have frequented. billion in 2022. billion mark by 2032.

Travel and Tourism 109

Travel and Tourism Article Catering Concierge 109

SiteMinder

SEPTEMBER 26, 2022

World Tourism Day 2022: SiteMinder launches annual Changing Traveller Report, the largest accommodation-specific traveller survey globally. The Digital Influence Trend: Right now, travellers are the most winnable consumers on earth. The Bleisure Trend: Working travellers want the hotel of the future, today.

Travel and Tourism 98

Travel and Tourism Book Reservations Definition 98

Revenue Hub

MARCH 27, 2023

In 2019, China was the tourism market of the moment. NB: This is an article from Net Affinity Chinese tourists made up 220 billion in tourism revenue, (which was 20% of global tourism spend). Covid naturally undermined tourism demand. in 2022, and China’s growth may bounce slightly from 3.2%

Travel and Tourism 74

Travel and Tourism Article Marketing Communication 74

InnQuest

MARCH 23, 2023

million Chinese tourists entered Australia each year before the pandemic (Statista). In this article, we’ll take a look at some key statistics about the market in general, and the situation regarding our recovery from the pandemic. According to Tourism Australia, there were 2.2 billion and is expected to grow by 13.3%

Travel and Tourism 130

Travel and Tourism Book POS Systems Market Forecasting 130

Hotel Owner

OCTOBER 12, 2022

According to the group, a combination of higher average rates and a 20% increase in average length of stay globally from January to September versus the same period in 2021, driven by pent-up demand for leisure travel, contributed to the results.

Accounting 105

Accounting Marketing 105

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?

Travel and Tourism 98

Travel and Tourism Pricing Article Marketing 98

Hospitality Net

FEBRUARY 29, 2024

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78

Travel and Tourism 68

Travel and Tourism Marketing 68

Revenue Hub

JUNE 28, 2023

The recovery of business travel and the evolution of bleisure travel globally highlights the importance of adapting to changing travel trends. This adaptability allows hotels to stay relevant and appeal to the evolving preferences of modern travelers. There have been regional gains across the board.

Travel and Tourism 98

Travel and Tourism Communication Accounting Presentation 98

Hospitality Net

MAY 3, 2024

From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% with a potential market value of 65.5 Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. billion USD.

Travel and Tourism 97

Travel and Tourism Marketing 97

SiteMinder

SEPTEMBER 25, 2023

Big picture Humans are wired to travel. In recent years, time without its magic has only served to make it more valuable, meaning that while external forces may push us to adapt, travel can now never be compromised. Most (57%) intend to travel more. Only 9% intend to travel less.

Travel and Tourism 111

Travel and Tourism Pricing Budgeting Marketing 111

Hotel Owner

AUGUST 7, 2023

Despite the cost-of-living crisis and economic uncertainty, the international hospitality and tourism industry is experiencing a surge in bookings as the summer season reaches its peak. An estimated 235 million tourists travelled internationally in the first three months of this year, more than double those in the same period of 2022.

Travel and Tourism 95

Travel and Tourism Training Front of House Accounting 95

Hotel Business

JULY 14, 2023

A total of 365 deals (mergers & acquisitions, private equity and venture financing deals) were announced in the travel and tourism sector globally during the first half of 2023, which was a decline of 38.8% and 30.4%, respectively, year-on-year (YoY) during H1 2023 compared to H1 2022. For instance, the U.S.,

Travel and Tourism 52

Travel and Tourism Accounting Marketing 52

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.

Travel and Tourism 130

Travel and Tourism Book Events Budgeting 130

Hotel Business

APRIL 14, 2023

A total of 179 deals were announced in the global travel and tourism sector during the first quarter (Q1) of 2023, which is a 40.7% decline compared to the announcement of 302 deals during the same period in 2022, according to GlobalData , a data and analytics company. Deals volume fell sharply by 43.3%

Travel and Tourism 52

Travel and Tourism Pricing Marketing 52

Boutique Hotel News

MARCH 6, 2023

Judi Blakeburn , brand director, Another Place , Watergate Bay and Beach Retreats [FC] With a career spent in hospitality marketing, Blakeburn is an expert on both the sector and the role of marketing in medium-sized businesses, and is a passionate advocate of the importance of brand and marketing at board level.

Travel and Tourism 254

Travel and Tourism Marketing Catering Business Development 254

Hospitality Net

JULY 17, 2023

A cruise vacation is often considered the epitome of luxury, especially those that are all-inclusive, and allow guests to visit multiple destinations without the hassles of planning complicated travel arrangements.

Travel and Tourism 70

Travel and Tourism Marketing 70

SiteMinder

FEBRUARY 8, 2024

What are Chinese travellers? Chinese travellers are individuals residing in China who travel domestically within their country or internationally to various destinations around the world. Table of contents Why should you capture the attention of Chinese travellers?

Marketing 52

Marketing Travel and Tourism Book Catering 52

Hotel Business

NOVEMBER 29, 2023

domestic travel demand entered the fourth quarter on a slow note in October, continuing a pullback seen in September. In October, Omnitrak’s Travel Market Penetration Index edged downward to 98.7 2015=100), trailing October 2022 (99.1) and ahead of October 2022 (138.3) and ahead of October 2022 (138.3)

Travel and Tourism 64

Travel and Tourism Pricing Marketing 64

Hotel Owner

OCTOBER 11, 2022

Yet, with soaring energy bills and an explosion in vacancy rates among hospitality staff, increasing by 675% from November 2021 to January 2022, the post-pandemic road to recovery is shaping up to be more of a steep incline than a gentle stroll. Back to life, back to hospitality . Inhospitable months to come need to be managed.

Travel and Tourism 105

Travel and Tourism Pricing Events Presentation 105

Hotel Owner

JANUARY 31, 2023

The United Nations (UN) made it a critical part of its economic development policy, but it remains voluntary and open to more than one interpretation; and obscure regulations leave room for companies to hype their communications and marketing campaigns. Do hotel companies really do what they say they do?

Travel and Tourism 111

Travel and Tourism Accounting Communication Budgeting 111

Hotel Business

NOVEMBER 11, 2022

JLL Capital Markets arranged $172 million in financing for the acquisition of the newly completed Four Seasons Hotel Nashville. Newly delivered in 2022, the Four Seasons Hotel Nashville is a 40-story, full-service luxury hotel with 235 keys, including 42 suites. The hotel is situated on a 1.47-acre Nashville hosted 12.6

Travel and Tourism 98

Travel and Tourism Marketing Events 98

Boutique Hotel News

JUNE 1, 2023

Kimpton Los Monteros Marbella will be operated by IHG under a hotel management agreement with Monterotel SL, owned by the JV of Bain Capital and Stoneweg which acquired the Hotel Los Monterros Spa & Golf Resort in 2022. The property will undergo a full refurbishment before it reopens.

Travel and Tourism 130

Travel and Tourism Marketing 130

SiteMinder

JUNE 28, 2023

Bangkok, Thailand – New figures from SiteMinder, Meituan and the Tourism Authority of Thailand (TAT) reveal that over 1.3 million of the 11 million-plus international travellers to Thailand have this year arrived from China. SiteMinder, Meituan and the Tourism Authority of Thailand join forces at the JW Marriot Hotel in Bangkok.

Travel and Tourism 52

Travel and Tourism Catering Reservations Book 52

Hotel Owner

FEBRUARY 8, 2023

Reason for optimism Research has recently found that operating performance had improved over 2022, moving hotels’ financial results closer to pre-pandemic levels. The UK is also starting to see a more diversified market emerge, with changing consumer behaviours impacting the locations they are opting to visit.

Travel and Tourism 103

Travel and Tourism Presentation Marketing Budgeting 103

Revenue Hub

JULY 17, 2023

According to Expedia Group’s 2023 Traveller Value Index Report, there is countless evidence that all types of travel will continue growing with velocity this year. Source What else is happening in the tourism and hospitality industries?

Travel and Tourism 91

Travel and Tourism Book Article Events 91

Hotel Owner

FEBRUARY 16, 2023

I love trawling through them and seeing how our hotels can leverage market support from new or amplified tourist aspirations. Nostalgia is about slow travel, and road trips will be big. The road less travelled This is not a new trend, the bragging rights of going off the beaten track have been in evidence for some time.

Travel and Tourism 105

Travel and Tourism Workshop Marketing Book 105

eZee Absolute

AUGUST 31, 2023

In a world where travellers are increasingly seeking authentic experiences, food tourism is becoming a major driving force in the hospitality industry. Travellers these days not only look for places to stay and eat. This trend reflects that many travellers now want to be a part of a place’s culture by enjoying its food.

Travel and Tourism 52

Travel and Tourism Catering Marketing Events 52