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How hoteliers can ride the revival of domestic tourism

Hotel Owner

The tourism and hospitality sector are growing precipitously – but what has often gotten lost amidst the din is the extraordinary revival of domestic tourism. Domestic travel is set to grow further still, reaching 19 billion lodging nights per year by 2030. Even in Western Europe this figure sits at 58%.

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Saudi Arabia Waives Licensing Fees for Hotels and Resorts, Enhancing Luxury Tourism

STAAH

This decision, reported by the state news agency SPA, is part of the Tourism Investment Enabler Program, aimed at positioning the kingdom as a leading global tourism destination. These collaborations ensure efficient distribution of rates and inventory across online travel agencies, global distribution systems, and digital platforms.

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Saudi Arabia Waives Licensing Fees for Hotels and Resorts, Enhancing Luxury Tourism

STAAH

This decision, reported by the state news agency SPA, is part of the Tourism Investment Enabler Program, aimed at positioning the kingdom as a leading global tourism destination. These collaborations ensure efficient distribution of rates and inventory across online travel agencies, global distribution systems, and digital platforms.

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McKinsey: What is the Future of Travel

Revenue Hub

After the pandemic upended life and leisure as we know it, travel is roaring back. Much of this has been so-called “revenge travel,” or people embarking on international or bucket list trips that were delayed by the pandemic. Check out the highlights below, as well as McKinsey’s insights on AI in travel, mass tourism, and much more.

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Introducing our latest payment processing solution – roomMaster Payments

InnQuest

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

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What Strategies are Hotels Using to Attract Business Travelers?

Revenue Hub

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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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.