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The rise of staycations: how UK hotels can capitalise on domestic tourism

Hotel Owner

It is estimated that in 2021 alone, domestic travel accounted for 96% of the UK’s total travel and tourism expenditure while two years prior, in 2019, it represented 81% of the total expenditure. In 2023, the share of Britons taking a domestic summer holiday, or staycation, in the UK increased by 50% compared to the previous year.

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Songkran festival sparks 33% jump in Thailand’s hotel room rates: SiteMinder

SiteMinder

Furthermore, domestic travellers in April reached their highest levels since October of 2023. Domestic guests accounted for 23% of total check-ins, up from just 13% in January and February of this year.

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UK Hotel transaction volumes reach almost £0.6bn in Q1

Hotel Owner

UK corporate investors were most active in terms of seller, accounting for over 40% of transactions, whilst a further 23% of the activity was attributed to investment sales completed by UK institutional investors.

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Accor reports Q3 RevPAR growth of 15%

Hotel Business

Third-quarter performance The Premium, Midscale and Economy division reported RevPAR up 15% compared with Q3 2022, two-thirds driven by prices. In France, which represents 44% of the region’s room revenue, business benefited from the increase in international leisure tourists to Paris, offsetting weaker domestic tourist numbers.

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Airbnb China: Alternative apps & strategies for hotels

SiteMinder

As a result, Airbnb decided to shut down its domestic operations in China in 2022, leaving a gap in the market for both travellers and accommodation providers. It offers a wide range of properties, from urban apartments to rural homes, and caters to both domestic and international travellers. Is there Airbnb in China?

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Hopper reviews: Is Hopper reliable for hotels?

SiteMinder

Hopper is a travel booking app that uses an algorithm to predict future flight and hotel prices. Hopper is known for its user-friendly interface and its ability to predict price fluctuations, making it a popular choice for savvy travellers. Make sure to factor this into your pricing strategy. What is Hopper?

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Surge in international arrivals sees Vietnamese hotels booked further ahead by 70%: SiteMinder

SiteMinder

International travellers, who typically book their travel further in advance than domestic guests, grew from 74% of all hotel arrivals in 2022, to 88% in 2023. We also know that travellers have become more open to spending money on extras to elevate their stay, but that increased prices are forcing them to adapt by opting for package deals.

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