Revenue Hub

JUNE 10, 2024

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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Hotel Business

APRIL 8, 2024

The World Travel & Tourism Council’s (WTTC) 2024 Economic Impact Research (EIR) revealed that the U.S. Travel & Tourism sector has contributed more to the U.S. According to the global tourism body’s latest research, in 2023 the Travel & Tourism sector’s GDP contribution grew by 7% to reach a total of $2.36

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Hospitality Net

NOVEMBER 8, 2023

Travel is a force for good in the world, and it is also a powerful economic engine. Before the pandemic, WTTC calculated that the tourism sector was responsible for 1 in 5 new jobs and accounted for roughly 10% of global GDP and an equal share of employment. International tourism as an export service amounted to staggering $1.9

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InnQuest

NOVEMBER 30, 2022

The latest technological advancements are reshaping the travel and tourism industry globally at a rapid pace. Subject per account. One such facet of business that has seen phenomenal growth in recent years is how payments are processed. Some of the key benefits of roomMaster Payments include – 100% cloud-based.

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STAAH

MARCH 28, 2023

As more people become conscious about their impact on the environment, the hospitality industry is shifting towards sustainable practices to meet the needs of eco-conscious travelers. The tourism and hospitality industry is responsible for a significant amount of carbon emissions, waste production, and water consumption.

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Revenue Hub

JUNE 28, 2023

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.

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SiteMinder

MARCH 23, 2025

Bangkok, Thailand Thailands Songkran festival has cemented itself as a drawcard for international travellers, with overseas guests now accounting for 86% of scheduled hotel check-ins between 10-17 April. In Koh Samui, where the longest-staying guests are set to arrive, the average length of stay has increased by 1.5%, from 3.74

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HotelREZ

JANUARY 28, 2025

The market is becoming increasingly competitive for independent accommodation providers, with large hotel chains quickly adapting and OTAs investing to capture travellers. Furthermore,mobile is expected to account for half of all online bookings in the next couple of years.

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Hospitality Net

JUNE 26, 2023

Renowned for its breathtaking beaches, vast landscapes, fascinating wildlife and cosmopolitan cities, Australia is a gem of the Asia-Pacific (APAC) tourism market and a dream destination for travelers around the globe. A land down under Australia occupies a special place in the hearts and minds of travelers.

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Hotel Business

JANUARY 25, 2024

The year 2023 also witnessed a remarkable rise in new investors joining the industry, as first-time hotel buyers accounted for a record-breaking 19% of global hotel investment volume for the year. This trend is spurred by increasing global wealth and the ongoing convergence of living and traveling, respectively.

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Hotel Business

JULY 14, 2023

A total of 365 deals (mergers & acquisitions, private equity and venture financing deals) were announced in the travel and tourism sector globally during the first half of 2023, which was a decline of 38.8% Several key markets recorded slowdown in travel and tourism sector-related deal activity during H1 2023 compared to H1 2022.

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Hotel Owner

OCTOBER 12, 2022

According to the group, a combination of higher average rates and a 20% increase in average length of stay globally from January to September versus the same period in 2021, driven by pent-up demand for leisure travel, contributed to the results.

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Hospitality Net

JUNE 23, 2023

Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date.SiteMinder’s data, which compares current booking volumes to those in previous years, places Spain as a European favourite, followed by Portugal, Italy and the UK.

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Hotel Owner

JANUARY 23, 2023

It comes as the family-owned four-star hotel group re-opened all nine of its hotels in London, Bath, Edinburgh, Glasgow, and Dundee as travel restrictions were lifted and tourism increased. Apex City of Bath Hotel and Apex City Quay Hotel and Spa were recently granted Silver Green Tourism Awards.

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Hotel Owner

OCTOBER 26, 2023

The QHotels Collection has appointed Paula Turton as national account director for leisure and Lucy Whittington as leisure sales support executive. In her new role, Turton will oversee all domestic and inbound travel trade. Whittington will work alongside Turton, facilitating the booking process for clients. .”

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Travel and Tourism Accounting Book Marketing 98

Hospitality Net

OCTOBER 9, 2023

Consumers are increasingly aware of the impact that travel has on the environment and its role in the climate crisis. With tourism accounting for 8% of the world’s carbon emissions and the hotel sector alone responsible for one-eighth of that volume, more travelers are choosing to book hotels with solid eco-credentials.

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Boutique Hotel News

OCTOBER 28, 2022

While not without controversy, Qatar’s hosting of the 2022 FIFA World Cup is a significant milestone on its journey to becoming a premier league tourism destination. Berthold Trenkel, COO of Qatar Tourism, says: “2022 has been an extraordinary year in Qatar with so many major new hotel and tourism openings.

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Revenue Hub

JULY 10, 2023

Consumer spending on travel has shown remarkable resilience, as people eagerly plan vacations to popular destinations around the world. When accounting for inflation, North American properties have comfortably exceeded their 2019 pricing levels, thanks to robust consumer spending on services.

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Hospitality Net

OCTOBER 23, 2023

As a result, women have made significant strides in multiple sectors, including the dynamic world of hospitality.Recent research conducted by the World Travel & Tourism Council (WTTC) reveals that women accounted for 54% of the total employment in the global travel and tourism (T&T) industry.

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Revenue Hub

JULY 17, 2023

According to Expedia Group’s 2023 Traveller Value Index Report, there is countless evidence that all types of travel will continue growing with velocity this year. Source What else is happening in the tourism and hospitality industries?

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Hotel Business

DECEMBER 12, 2022

The data covers key hotel performance indicators such as occupancy, RevPAR, booking lead time, length of stay, international and domestic travel, direct and OTA bookings, as well as upsell performance to forecast trends shaping the hotel industry in 2023. Domestic tourism is still going strong.

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Revenue Hub

NOVEMBER 11, 2022

In 2023, direct bookings are expected to surpass OTA bookings — they’re projected to account for 51% of all bookings. Research from the World Tourism Organization shows that Europe had the strongest results with a 199% increase in tourist arrivals. Most of the rise in demand came from leisure travel.

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Travel and Tourism Book Communication Article 98

STAAH

MARCH 14, 2024

With over 18 years in the tourism and hospitality technology industry, Panadda Yindee is a trailblazer. A bit about Panadda’s Career History: Panadda Yindee boasts over 18 years of rich experience in the tourism and hospitality technology sector.

Business Development 104

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Hotel Owner

MAY 20, 2024

The staycation trend has seen an unprecedented surge in popularity, particularly in the wake of global events that have restricted international travel, particularly due to the covid-19 pandemic. The appeal lies in the convenience, reduced travel costs, and the opportunity to explore local attractions that might otherwise be overlooked.

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SiteMinder

JUNE 22, 2023

Hotel booking volumes in Spain are currently 17 percent higher than at the beginning of summer 2019, when the country experienced its biggest year of tourism to date. British, French, German, Italian and Dutch travellers, in that order, are visiting Spain in the highest numbers. percent this same time last year.

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Travel and Tourism Reservations Book Pricing 98

Hotel Owner

OCTOBER 26, 2023

The QHotels Collection has expanded its team with the appointment of Paula Turton as the national account director for leisure and Lucy Whittington as the leisure sales support executive. Additionally, Clink i Lár offers activities such as free group walking tours, enhancing the social experience for travellers.

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Les Roches

NOVEMBER 24, 2022

Accommodation, travel and activities, all tailored to your preferences and ready to book. Les Roches Bachelor’s students have been helping to define the tourism platform through their latest Spark academic project. You tap an app or go to a website, enter the destination and a completely personalized itinerary is created for you.

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Book Travel and Tourism Presentation Definition 98

STAAH

MAY 9, 2023

As the needs and preferences of travellers change, hotels must adapt to meet these demands to increase their occupancy rates and revenue. Sustainability Hospitality & Eco-Tourism These days, Sustainable Hospitality and eco-friendly practices are becoming the norm. If left unchecked, this number is expected to double by 2030.

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Hotel Owner

AUGUST 4, 2023

For the experiential traveller, where better to stay than the short-term holiday let, which offers the opportunity to live like a local would? Tourism is vital to these local economies and represents 10% of all employment in Devon and 20% in Cornwall, so limiting access to Britain’s holiday hotspots would offer no relief.

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Travel and Tourism Pricing Accounting 97

STAAH

APRIL 10, 2023

AltoVita powers the corporate accommodations sector with enterprise software layered with a human-centric approach, providing every traveller with exactly what they need. Find out more here didatravel is a holistic travel service provider through innovative technology. Rebahan is an Online Travel Agent (OTA) application created by PT.

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Hotel Owner

OCTOBER 2, 2023

The ramifications of this trend will have impacts across every sector, but especially travel and tourism, where unsustainable consumer and business practices will simply become untenable. Measuring your impact is vital: using innovative technologies and tools to do this will help keep your organisation accountable.

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Hotel Owner

NOVEMBER 16, 2022

There were close to 4 million Americans who visited the UK every year before Covid-19, which accounts for over 10% of the tourists who come to Britain annually. While the US reopened its borders to Britain in November 2021, this Thanksgiving will be the first time in two years that American visitors will be able to travel to the UK.

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Larry Mogelonsky

MAY 22, 2024

Climate change is now at the forefront of people’s minds, while travel is continually cited as a major contributor to total carbon emissions. The travel and tourism sector – or more colloquially hospitality – is an economic powerhouse, accounting for more than 10% of global GDP.

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InnQuest

JULY 11, 2022

Recent times have seen modern, online marketing strategies revolutionize the landscape of the tourism and hospitality industry. For example, topics like informative destination posts or travel tips can be packaged in the form of blogs, infographics, videos, case studies, etc. Leverage the Power of Social Media – With over 4.55

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Revenue Hub

JULY 28, 2023

Travel demand is looking strong since June up until September 2023, with recent analysis showing pickup of 23% in June 2023 vs June 2022. Spain’s tourism minister , Héctor Gómez, has called it “a historic summer for tourism,” with 8.2 Generally speaking, summer 2023 is going well for hotels so far.

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Book Travel and Tourism Article Marketing 92

Revenue Hub

JANUARY 25, 2023

Channel Performance Online channels are the driving force for hotel bookings – 68% of travel and tourism bookings were made online in 2022, and this figure is expected to rise. Consider this as you build your forecast. What ratio of your visitors visit during spring, summer, autumn, and winter?

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Les Roches

JUNE 7, 2023

By Pablo Garcia, Director of Spark Crans-Montana, Innovation Sphere by Les Roches The hospitality and tourism industry is constantly evolving, with new technologies and trends emerging all the time. Beyond these benefits, generative AI can also enhance the working experience of staff in the hospitality and tourism industry.

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