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How Live Concerts from Famous Bands Affect Hotel Occupancy

eZee Absolute

This large influx of attendees, many traveling from neighboring countries, led to a 45% spike in hotel occupancy compared to regular weekends. Moreover, the Buenos Aires Tourism Board reported a 20% increase in local spending, as concert-goers extended their stay to explore the citys cultural offerings.

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Is Wellness Tourism Part of Your Direct Channel Strategy?

Revenue Hub

Valued at $720 billion in 2019, wellness tourism’s economy is transforming nearly every aspect of travel. As we emerge from the pandemic, the Global Wellness Institute predicts an explosive annual growth of +21% in wellness tourism. In need of a little reminder of what wellness tourism is? Comwell Borupgaard.

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Report: Independent hotels see record-breaking occupancy

Hotel Business

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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Henderson Park acquires Edinburgh’s Caledonian Hotel

Hotel Owner

This is the third Edinburgh hotel in Henderson Park’s Klarent Hilton portfolio, having purchased the Carlton on North Bridge and the Doubletree Edinburgh Airport as part of a 2,424 room / 12 hotel portfolio acquisition in November 2021. Our plans for The Caledonian will ensure that it remains well placed to capture this strong demand.”

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The hotel sector’s recovery is underway

Hotel Owner

International travel restrictions stimulated ‘the great British staycation’, which caused hotels to experience buoyant trading performances across coast and country markets. During 2022, this was complemented by revenue growth across urban markets as consumers returned to cities and international travel recommenced.

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IHG expands in Greater China with new openings

Hotel Business

Leveraging its global experience, deep local insights and a rich brand portfolio, the company is well-positioned to respond to increasing domestic travel demand and is ready to welcome Chinese and international travelers alike in the new era of travel, according to IHG. No two neighborhoods are alike.

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Inbound tour operator: Meaning and examples

SiteMinder

An inbound tour operator is a type of travel business that organises and manages travel services for international travellers looking to explore a destination. What is inbound tourism? It’s simply the act of a traveller visiting a country that isn’t their own.