Remove 2023 Remove Reservations Remove Travel and Tourism
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Australia’s Hotel Industry – Into 2023 and Beyond 

InnQuest

in 2023 (IBISWorld). The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 From 2018-2023, the industry within Australia declined by 4.9% are 45-54; and 13.6%

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Prepare Yourself for the Top Hospitality Trends of 2023 

InnQuest

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.

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SiteMinder: Traveler confidence surges post-pandemic

Hotel Business

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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Hoteliers must adopt a multi-pronged approach for the return of Chinese tourism

SiteMinder

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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IHM’s topsy-turvy Z-A: What to expect in hospitality and real estate in 2023

Boutique Hotel News

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.

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Saudi Arabia Cancels Hotel Licensing Fees: Hotel Sector to Witness Growth

Hotelogix

Saudi Arabia's decision to eliminate hotel licensing fees demonstrates its commitment to boosting tourism and reducing operational costs for hospitality providers. With the Saudi Vision 2030 initiative driving economic diversification and tourism development, the hospitality sector is expected to experience a surge in demand.

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How to Capitalize on Business Travel Rebound & Bleisure Trends

Revenue Hub

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.