Hotel Business

JANUARY 23, 2023

A new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism among consumers, with 69% of travelers actively seeking sustainable travel options. But 2023 is looking even better in terms of travelers’ spend.

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Travel and Tourism Budgeting Pricing Information 120

Revenue Hub

MARCH 10, 2023

As hospitality entered a new era of travel, we witnessed a continuous and encouraging recovery in 2022. NB: This is an article from TrustYou With travel restrictions being relaxed or even lifted completely, the pandemic was no longer a primary concern when planning and heading into a trip, at least in most regions.

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Travel and Tourism Article 95

Boutique Hotel News

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

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Travel and Tourism Book Events Business Development 130

Hospitality Net

APRIL 12, 2023

The travel and tourism sector has become a prime focus for cyberattacks in recent times, resulting in ransomware incidents arising from data breaches.

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Travel and Tourism 96

Revenue Hub

JULY 7, 2023

Tourism is vital to Spain. The country’s natural attractions and cultural assets draw crowds from around the world – making many of its communities reliant on tourism. Pre-pandemic, Spain was the second-largest tourism destination in the world, drawing 84 million visitors in 2019 who brought over €92 billion in revenue.

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Travel and Tourism Article Accounting Pricing 98

STAAH

DECEMBER 6, 2022

It has been an interesting year, where the markets are back in action, Clearly, the tourism and hospitality industry got to see some positive growth. Bringing together some of the most trending articles, Here’s a mix of hospitality industry blogs from 2022 that our readers enjoyed the most. Are you familiar with it?

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Blog Travel and Tourism Book Article 107

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.

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Travel and Tourism Accounting Training Budgeting 105

InnQuest

JULY 11, 2022

Recent times have seen modern, online marketing strategies revolutionize the landscape of the tourism and hospitality industry. Listed below are some of the most influential and profitable hotel marketing strategies for 2022 – . to capture the attention of your potential customers and engage them.

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Marketing Travel and Tourism Definition Book 130

Travel Pulse Destinations

MAY 9, 2023

The Dominican Republic has become an international benchmark in the tourism sector, with the arrival of more than 8.5 million tourists in 2022.

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Hotel Business

SEPTEMBER 6, 2024

is the world’s most powerful travel & tourism market, contributing a record-breaking $2.36 trillion to the nation’s economy last year, according to the World Travel & Tourism Council’s 2024 Economic Impact Trends Report. Despite the slow return of spending from international travelers, the U.S.

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Travel and Tourism Marketing 64

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

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Travel and Tourism Marketing 94

PhocusWire

DECEMBER 1, 2022

Industry experts are convening this week at the World Travel and Tourism Council’s Global Summit 2022 in Riyadh, Saudi Arabia.

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Travel and Tourism 96

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.

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Travel and Tourism Book Reservations Marketing 102

Hospitality Net

OCTOBER 18, 2023

A total of 558 deals* were announced in the travel and tourism sector globally during the first three quarters of 2023, which was a decline of 33% compared to the announcement of 833 deals during the same period in 2022, according to GlobalData, a leading data and analytics company.

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Travel and Tourism 81

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 billion by 2032.

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Travel and Tourism Article Marketing Events 107

Hospitality Net

JUNE 14, 2024

The hospitality and tourism industry significantly contributes to the global economy. In 2022, the direct contribution of travel and tourism to the global Gross Domestic Product (GDP) was approximately USD 7.7 trillion, representing a 7.6% trillion, representing a 7.6% trillion, representing 11.6% of the global economy.

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Travel and Tourism 109

Revenue Hub

MAY 26, 2023

Travel & Hospitality brands invest ample amounts towards digital marketing and on personalizing the online booking experience. Only 7% of the survey respondents stated that their destination for a recent trip was motivated by an influencer, according to our tourism market research. When do travelers plan their trips?

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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.

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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.

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Travel and Tourism Property Management Blog Book 223

Hospitality Net

JUNE 19, 2023

The travel and tourism industry has witnessed a massive 41% year-on-year (YoY) decline in deal activity from 475 deals announced during January-May 2022 to 282* during the first five of months of 2023, reveals GlobalData, a leading data and analytics company.

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Travel and Tourism 75

Revenue Hub

NOVEMBER 24, 2022

While international travel recovery worldwide in Q4 tracks 30% below 2019 levels, the European continent overperforms the world average at -24%. Urban destinations, which were heavily affected by the Covid crisis, are now closing the gap with other forms of city tourism. NB: This is an article from ForwardKeys.

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Travel and Tourism Article Information Book 88

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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Travel and Tourism Book Catering Marketing 130

Travel Pulse Destinations

FEBRUARY 9, 2023

The Bahamian destination of Nassau Paradise Island reported its full-year tourism figures for 2022, which reveal that it has more than fully recovered from the pandemic.

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Hospitality Net

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 leading data and analytics company.

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Travel and Tourism 71

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?

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Travel and Tourism Article Book Blog 98

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.

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Travel and Tourism Book Reservations Definition 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.

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Travel and Tourism Book Marketing Communication 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?

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Travel and Tourism Pricing Article Marketing 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% this year from 3.2%

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Travel and Tourism Article Marketing Communication 74

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.

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Travel and Tourism Article Catering Concierge 109

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.

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Accounting Marketing 105

Lodging Magazine

DECEMBER 27, 2022

Critical TourBus components include promoting America as a destination for international travelers, establishing a new top tourism position […]. The post AHLA Releases Statement on 2023 Omnibus Appropriations Bill appeared first on LODGING Magazine.

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Travel and Tourism Magazine 104

Hotel Owner

OCTOBER 6, 2022

Isle of Mull Hotel and Spa has been named Scotland’s ‘Leading Boutique Hotel’ in this year’s World Travel Awards. The award win was announced at the 29th annual World Travel Awards in Spain on Saturday 1 October 2022. The island hotel located within the picturesque pocket of Craignure Bay underwent a £4.5m

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Travel and Tourism 98

Hospitality Net

OCTOBER 9, 2024

According to travel industry site Skift’s State of Travel 2024 report, wellness tourism boasted a growth rate of more than 36 percent from 2020 to 2022. The now multi-trillion-dollar wellness industry shows no signs of slowing down, and the hospitality industry continues to evolve to align with guests’ shifting desires.

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Travel and Tourism 98

Lodging Magazine

APRIL 3, 2023

After suffering its worst year on record in 2020, global tourism grew by a staggering 60 percent in 2022 and is projected to increase another 30 percent in 2023, according to a report from Economist Intelligence.

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Travel and Tourism Magazine 115

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.

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Travel and Tourism Pricing Budgeting Marketing 111

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.,

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Travel and Tourism Accounting Marketing 52