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WTTC: U.S. remains most powerful travel & tourism market

Hotel Business

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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New SiteMinder research reveals the 2025 hotel guest will demand “everything”

SiteMinder

SiteMinder’s report follows the company’s survey of more than 12,000 travellers in 14 of the world’s largest tourism markets, including the US, China, Spain, Thailand and Australia. Nearly two-thirds (65%) are more likely to travel for an event, rising to 83% among Gen Zers. year-on-year increase.

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WTTC: Capital investment in travel & tourism to reach nearly $1T

Hotel Business

The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in travel & tourism investment, overcoming pandemic setbacks and signaling a strong return to growth. From 2010-2019, investment grew steadily at 4.3%

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SiteMinder: Americans are most likely to book direct

Hotel Business

According to SiteMinder ’s Changing Traveler Report 2025 , 37% of Americans plan to book their 2025 stays directly, either via a hotel’s website (23.5%) or by contacting the property by phone or email (13%). By contrast, travelers from Indonesia (16.5%) and China (17%) are the least likely to book their hotel stay directly.

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Bob W to launch 67-unit aparthotel in Vienna 2025

Serviced Apartments

Construction has already started and the property is scheduled to open in 2025. With a booming tourism industry and a dynamic business scene, Vienna is one of the most vibrant and promising markets in Europe, complementing our existing presence in the region.

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Earth Day action: Sustainability in hospitality and real estate

Boutique Hotel News

For example, sustainability targets under Future Planet include net zero scope one and two carbon emissions by 2030, and for our supply chain to be ISO14001 accredited by 2025. Adrian Gardiner, chairman, Mantis Collection : “The most important sustainability measure within our business is responsible tourism.

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Yotel to open new hotel in Belfast city centre

Hotel Owner

The investment of £17m will provide a modern accommodation option for global travellers and create high quality jobs for the community, establishing the hotel as a major asset to the growing tourism market in Belfast.