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McKinsey: What is the Future of Travel

Revenue Hub

NB: This is an article from McKinsey & Co. Subscribe to our weekly newsletter and stay up to date But domestic travel is recovering quickly too and is set to represent 70 percent of travel spending by 2030. Baby boomers still account for 20 percent of overall travel spending. Read the full article at McKinsey & Co.

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A Tempting Trio of Hotel Marketing Demographics for 2023

Revenue Hub

NB: This is an article from 80 Days. Investing in your SEO (Search Engine Optimisation) – our research suggests that Gen Z and Millennials account for the highest percentages of organic traffic to a hotel website – but they don’t always convert as highly.

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Sustainability in Hotels: Where Are We and Where to Next?

Revenue Hub

NB: This is an article from Strategic Solution Partners , one of our Expert Partners Hotels that adopt eco-friendly practices and reduce their carbon footprint are deemed more attractive to 73% of tourists, who are prepared to spend 75% more per night in return. So, are you in? appeared first on Revenue Hub.

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Business Travel Takes Off But Full Recovery Still Delayed

Revenue Hub

NB: This is an article from Deloitte A variety of factors appear to impact the decision to travel for business including employee safety, client interest in meeting in person, the value of attending a conference, and whether virtual conferencing platforms can replace a trip. More than half of travel managers in both the U.S. One-third of U.S.

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From Base to Premium: How AI is Redefining Hotel Ancillary Revenue

Revenue Hub

A study by PwC predicts that the most significant boosts to GDP from AI will be in China (26% in 2030) and North America (14.5%), totaling a staggering $10.7 trillion and accounting for nearly 70% of the global economic impact. This not only enhances the guest experience but also opens doors to increased profitability.

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5 Lastest Trends in Hospitality Industry

STAAH

This article will explore some of the latest hospitality trends in the hospitality that hoteliers should pay attention to in order to optimize their operations and attract more guests. According to the World Tourism Organization, the tourism industry accounts for 5% of global carbon emissions.

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What are 5 Must Have Features to Look for in a PMS?

Revenue Hub

billion by 2030. NB: This is an article from Infor Subscribe to our weekly newsletter and stay up to date However, the role of property management systems is evolving. Read more articles from Infor The post What are 5 Must Have Features to Look for in a PMS? In fact, the hotel PMS market size was estimated at USD 7.15