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.

Travel and Tourism 64

Travel and Tourism Marketing 64

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. in 2023 (IBISWorld). From 2018-2023, the industry within Australia declined by 4.9%

Travel and Tourism 130

Travel and Tourism Book POS Systems Market Forecasting 130

Hotel Owner

AUGUST 14, 2024

The tourism and hospitality sector are growing precipitously – but what has often gotten lost amidst the din is the extraordinary revival of domestic tourism. According to McKinsey’s recent report on the state of the sector, in 2023 75% of trips worldwide were taken domestically. Even in Western Europe this figure sits at 58%.

Travel and Tourism 116

Travel and Tourism Catering Pricing Marketing 116

Hospitality Net

MAY 2, 2023

IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA) at the Arabian Travel Market 2023.

Marketing 103

Marketing 103

Hospitality Net

MAY 12, 2023

With the continuous recovery of domestic tourism in China, the demand for business and MICE travel has surged.

Travel and Tourism 92

Travel and Tourism Marketing Events 92

Hospitality Net

JANUARY 17, 2024

Europe’s hotel and tourism sector is poised to gain further momentum in 2024. This is driven by a rise in leisure travel, including from Asian markets, and a more gradual recovery of corporate and group travel.

Travel and Tourism 96

Travel and Tourism Marketing 96

Hospitality Net

MARCH 21, 2024

Seeking unique travel experiences will remain a robust trend in a growing global tourism market in 2024, which has major implications for hotel operators. Predictions paint a rosy picture for travel in 2024. of pre-pandemic levels in 2023, IATA said. of pre-pandemic levels in 2023, IATA said.

Travel and Tourism 98

Travel and Tourism Marketing 98

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. However, we’re here to pierce the mists of the future using our proprietary datasets and guide you through 2023 with our top trends. The outlook?

Travel and Tourism 98

Travel and Tourism Pricing Article Marketing 98

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

InnQuest

NOVEMBER 30, 2022

The latest technological advancements are reshaping the travel and tourism industry globally at a rapid pace. Research suggests that the payment processing solutions market is projected to grow at a CAGR of 11.43% during the forecast period of 2023 to 2030 while the future market value of this market is expected to reach USD 130.94

Travel and Tourism 217

Travel and Tourism Demo Pricing Accounting 217

Revenue Hub

DECEMBER 14, 2022

Many hoteliers worry about how the economy will develop in 2023 and how this will affect travel and tourism. In their publication “The World Ahead 2023,” the Economist predicts that the recession will be mild in the US, deeper in Europe, and extended in the UK. NB: This is an article from Demand Calendar.

Travel and Tourism 98

Travel and Tourism Article Marketing Pricing 98

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

InnQuest

JANUARY 27, 2023

As we march on through 2023, what changes can we expect to see in the hospitality industry? Experts anticipate several trends emerging over the coming year, including an increase in wellness tourism and greater focus on staff wellbeing. The ongoing trends of personalisation and sustainability will also continue to grow.

Travel and Tourism 130

Travel and Tourism Reservations Book Property Management 130

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. 2023 is likely to see further political and economic uncertainty which will see winners and losers on the exchange rate see-saw.

Travel and Tourism 130

Travel and Tourism L&D Marketing Pricing 130

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

Boutique Hotel News

NOVEMBER 16, 2022

[SPONSORED CONTENT] Here are five hotel meeting and event trends that hotels need to know for 2023. . Cost containment is a primary concern for planners: some 85 per cent believe events will be more expensive to hold in 2023 compared to 2019, and in Spain, 94 per cent of planners forecast higher costs.

Events 130

Events Travel and Tourism Download Information 130

Hotel Business

APRIL 8, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed that the U.S. Travel & Tourism sector has contributed more to the U.S. According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution grew by 7% to reach a total of $2.36

Travel and Tourism 59

Travel and Tourism Accounting Marketing 59

Hotel Business

JANUARY 25, 2024

Though 2023 proved to be a challenging year for commercial real estate, marked by geopolitical tensions and capital market dislocation, the lodging industry demonstrated resilience, with RevPAR achieving a full recovery and surpassing 2019 levels by 12%.

Travel and Tourism 126

Travel and Tourism Presentation Accounting Communication 126

Hotel Owner

JUNE 14, 2023

In fact, confidence levels for the UK’s inbound tourism industry are at their highest for the past three years , providing a much needed silver lining to the hospitality industry, as well as renewed optimism for those businesses after a tough winter of exorbitant energy bills.

Travel and Tourism 105

Travel and Tourism Customer Service Pricing Book 105

Revenue Hub

MAY 17, 2024

Guest profiles built by data offer hotel marketers a single pane of glass to view the guest’s stay history, preferences, and life events or celebrations. From these profiles and advanced analytics, properties can create targeted marketing campaigns and personalized experiences where guests ultimately spend more, do more and stay longer.

Marketing 108

Marketing Travel and Tourism Book Communication 108

STAAH

DECEMBER 18, 2023

Clearly, the tourism and hospitality industry saw some positive growth. Bringing together some of the most trending articles, Here’s a mix of hospitality industry blogs from 2023 that our readers enjoyed the most. It involves identifying target markets, setting sales goals, and creating a plan to achieve those goals.

Blog 96

Blog Travel and Tourism Book Communication 96

STAAH

JANUARY 7, 2024

GoMMT, Booking.com and Agoda retain their top spots in the fast-growing Indian travel economy. According to reports from Sabre and McKinsey, domestic travel in India has already surpassed pre-Covid levels and international trips expected to grow from 13 million in 2022 to 80 million 2040.

Book 94

Book Travel and Tourism Marketing 94

Hotel Business

JULY 22, 2024

A total of 347 deals—comprising mergers and acquisitions (M&A), private equity and venture financing deals—were announced in the global travel and tourism sector during the first half (H1) of 2024, which was a year-on-year (YoY) decline of 12.6% However, markets such as the U.K., 11.1%, and 41.7% in deal volume.

Travel and Tourism 59

Travel and Tourism Marketing 59

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

Hospitality Net

MAY 12, 2023

The first quarter of the year confirms a recovery of tourism worldwide, not only in the resort and urban leisure segments, but also in groups and business (MICE segment).

Travel and Tourism 96

Travel and Tourism Marketing 96

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 travelling perhaps less often, but more mindfully?

Travel and Tourism 74

Travel and Tourism Article Marketing Communication 74

Revenue Hub

MARCH 3, 2023

The first thing to remember is that, just like for travellers from all over the world, there is no one-size-fits-all approach to attracting guests from China. Subscribe to our weekly newsletter and stay up to date On top of that, there has always been diverse incomes, budgets, ages, hometowns, interests, and travel motivations.

Travel and Tourism 97

Travel and Tourism Book Article Budgeting 97

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

Hotel Owner

DECEMBER 6, 2022

In just the past couple of decades, we have seen the hotel distribution model upended by Online Travel Agents (OTAs), a major competitor’s arrival in the shape of Airbnb (and its emulators), and then a global pandemic hitting. The rise of wellness tourism. Marketing gets ‘transformational’. Welcoming the working nomad.

Travel and Tourism 126

Travel and Tourism Marketing 126

Hotel Business

FEBRUARY 21, 2023

Challenging global economic conditions and their implications reflected their impact on the travel and tourism sector’s deal activity in the first month of 2023. ” An analysis of GlobalData’s Financial Deals Database revealed that key markets such as the U.S.,

Travel and Tourism 52

Travel and Tourism Marketing 52

NV Hotels

JANUARY 31, 2023

Studies show that group-lodging demand has rebounded this year, and group business in 2023 is expected to outperform 2019. He is a seasoned commercial strategist and experienced business leader with a passion for hotels, tourism, hospitality, technology, and e-commerce. Connect with Daniel on LinkedIn.

Travel and Tourism 98

Travel and Tourism Events Marketing Catering 98

Les Roches

JANUARY 16, 2023

Another hangover from the pandemic – increased use of smart technology in hotels – is also set to be a theme throughout the industry in 2023. That will be even more of a factor given people are now spending a higher proportion of their income on their travels in the post-pandemic world. Traveler preference trends.

Travel and Tourism 98

Travel and Tourism Communication Catering Demo 98

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

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

Revenue Hub

FEBRUARY 9, 2024

Travelers are taking trips again. International tourism ended 2023 at 88% of pre-pandemic levels, according to the World Tourism Organization , an agency of the United Nations. Additionally, in 2023, we launched Performance Max for travel goals.

Travel and Tourism 109

Travel and Tourism Article Budgeting Information 109

Travel Booster

APRIL 9, 2023

Travel trade shows are back and with them, enormous opportunity. Travel agent events like conferences connect travel professionals from around the world to share knowledge, meet vendors and create new partnerships. Adventure Travel World Summit; Hokkaido, Japan Do you sell adventure? But it’s much more than a conference.

Travel and Tourism 52

Travel and Tourism Events Presentation Workshop 52

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