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The longevity revolution will mean more demand for onsite wellness and antiaging programming at hotels, offering both a path to greater ancillary revenues as well as a whole new market for longevity tourismtravelers looking specifically to hotels that offer healthspan-extending services.
NB: This is an article from WebRezPro Subscribe to our weekly newsletter and stay up to date Intergenerational travel refers to multiple generations of a family- from boomer to baby – traveling together, and it’s going strong. On-site swimming pools are popular with intergenerational travelers too! Not a beach in sight?
In today’s highly competitive hospitality industry, effective destination marketing plays a crucial role in attracting guests to hotels. With the rise of online travel platforms and social media, hotels must employ strategic marketing tactics to stand out from the crowd.
2025 travel predictions from Booking.com offer valuable insights to help your properties stand out, boost bookings and enhance the guest experience. Based on insights from over 27,000 travellers in 33 countries, these nine trends are set to shape the travel industry next year.
NB: This is an article from TCRM Subscribe to our weekly newsletter and stay up to date In hotels, it involves adjusting room rates based on real-time factors like demand, competition, and market conditions. Conversely, they can attract budget-conscious travelers during off-peak periods by offering lower rates.
Like most things in life, the travel industry has been through many evolutions. If we go back as far as 1758, the first known travel agency was founded when Richard Cox became the official travel agent of the British Royal Armed Forces. However, studies reveal that most (72%) travelers now prefer booking their trips online.
As the hospitality industry continues to evolve, staying ahead of emerging trends is essential for hotels aiming to attract and retain guests. Hotels invested heavily in contactless technology, enhancing guest convenience and safety. The rise of wellness tourism and eco-friendly initiatives set new benchmarks for guest satisfaction.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels in key tourism destinations across Southeast Asia, including Malaysia, Vietnam, Singapore, Indonesia, Thailand and Philippines, over the past year.
UK: Bird Group’s hospitality arm, Roseate Hotels & Resorts, has acquired five-star The Dunstane Houses in Edinburgh. Whilst the transaction value has not been disclosed, Dunstane Houses were marketed by Savills Scotland at a guide price of £7.5 The group is a brand of Bird Hospitality ( Bird Group , India). .
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across the Oceania region, including New Zealand, Australia and the Pacific Islands. Expedia and Agoda made gains, coming in at number two and number four.
The shift towards regenerative tourism represents a significant opportunity for hotels to differentiate themselves in a crowded market while contributing positively to the greater good.
IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA) at the Arabian TravelMarket 2023.
Sri Lanka Tourism is intensifying its promotional strategies towards Indian travellers by highlighting the country’s diverse tourism offerings in one of the largest key markets, Kolkata.
Without understanding which guest segments are most profitable, hotels target the wrong audiences, misallocate their marketing budgets, and miss critical opportunities to boost revenue and profit. For example: Business Travelers: Prioritize efficiency and convenience, seeking amenities like high-speed internet and meeting spaces.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across India over the past year. Global distribution systems also showed consistent performance, with STAAH GDS making it to number seven on the list.
Five-star Great Scotland Yard Hotel, in Westminster, has announced the appointments of Monika Mulder as director of sales and marketing and Mikco Maiquez as marketing and communications manager. She also worked at Starwood Hotels and Resorts, where she held key roles at multiple London properties. ”
Its inevitable that modern advances in artificial intelligence (AI) and automation will impact the hotel industry. While this may not apply for every hotel brand, its worth mentioning that health and wellness has a huge CAGR across a variety of product categories.
Europe’s tourism recovery is maintaining its momentum despite economic headwinds, with one quarter of reporting destinations surpassing pre-pandemic levels of foreign arrivals based on year-to-date data. Those allowing travel from Russia are among these destinations reporting a positive performance.
IHG Hotels & Resorts (IHG) upholds its "in China, for China" commitment. With a leading position in the industry, IHG anticipates trends in the tourismmarket and guest needs. Recently, IHG concluded its "Dream Bigger, Travel Bigger” 2024 Greater China Expo Roadshow in Beijing, Shenzhen, and Shanghai.
What are travel agents? Travel agents are tourism professionals who help individuals and groups plan, book and manage travel arrangements, and help suppliers distribute their inventory to a wider market. They serve as intermediaries between travelers and suppliers (in this case your hotel).
Brace yourselves for the most exciting travel events of 2024, as Lošinj Hotels & Villas proudly announces its partnership with loop luxury fair to host three prestigious Loop travel shows in the spring of 2024.
The World Travel & Tourism Council’s (WTTC) Travel & Tourism Economic Impact 2023 Global Trends Report has revealed an encouraging resurgence in travel & tourism investment, overcoming pandemic setbacks and signaling a strong return to growth. From 2010-2019, investment grew steadily at 4.3%
The rise of digital nomadism has revolutionized the way people work and travel. Hotels have a tremendous opportunity to tap into this growing market by implementing effective marketing strategies. By implementing eco-friendly initiatives and practices, hotel businesses can demonstrate their commitment to the environment.
The Hospitality Sales and Marketing Association International (HSMAI) recently announced that Michelle Woodley , president of Preferred Hotel Group, will receive the Albert E. Koehl Award for Hospitality Marketing. De Falco has been at the helm of numerous high-profile tourism PR campaigns that earned industry recognition.
Recent times have seen modern, online marketing strategies revolutionize the landscape of the tourism and hospitality industry. While traditional marketing strategies still yield results, they have now become merely an auxiliary factor in the overall success of a robust hotelmarketing plan.
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%.
STAAH, a leading technology company helping hoteliers unlock their full revenue potential, has unveiled its list of distribution channels that brought the highest booking revenue to hotels across United Kingdom, Middle East and Sri Lanka, over the past year. Across UK, the Middle East, and Sri Lanka, STAAH SwiftBook held the number four spot.
Adrian Gardiner, chairman, Mantis Collection : “The most important sustainability measure within our business is responsible tourism. We believe that tourism has the power to positively impact local communities and support conservation efforts. Our approach to responsible tourism is multi-faceted.
Hospitality industry veteran Wendy Hoekwater has formed Net Growth Marketing LLC , a marketing and sales consulting firm specializing in scaling small- to mid-sized companies in hospitality, travel and tourism. I’ve gained a deep understanding of what drives success in this competitive market,” said Hoekwater.
Searching for popular market trends to promote your hospitality business? Here’s a detailed breakdown of the importance of bleisure travel for hotels and how to attract more bleisure travellers to quadruple your business profitability. . Undoubtedly, bleisure travel has shot up the travel industry charts as a viral trend.
Wellness in Travel & Tourism (WITT), an independent organization composed of experts with over 125 years of combined experience at the intersection of hospitality, wellness, and travel, today announced the launch of the industry’s first wellness certification for hotels and resorts.
Recent statistics show that 65% of hotel reservations now happen online, with 45% of those coming through direct channels. This highlights the importance of a strong web presence for hotels. By implementing effective SEO strategies, hotels can reach more potential guests and reduce their dependence on costly OTA commissions.
We would like to use this post to analyze the influence and relationship of technology with the tourism industry from a historical perspective, from its most distant origins to the present day. We can see the first incarnations of travel guides or a very rudimentary versions of what we all know today as Google Maps. Let’s begin!
The global market size for the hotel and resort industry is now $1.5 Whether you’re running a boutique hotel or managing a large chain, this detailed guide is packed with actionable insights to help you use the power of these organizations. trillion as of 2023 ; this year marks a higher comparison than last.
Among 25 European capitals, hotel prices have risen by 2.7%, while short-term rentals soared almost 8%- highlighting the growing demand for flexible, unique accommodation options this New Years Eve, according to a study by Almawave Group. In stark contrast, Liverpool stands out as the most affordable option, offering stays at just 168 (138).
Hotel values across Europe showed a steady 2% rise in 2024 with the help of lower interest rates, modest gains and RevPAR and consistent demand for European travel from international visitors, according to HVS latest Hotel Valuation Index. Some markets have even surpassed values of 2019. in Munich, 3.4% in Hamburg.
Since 2020, the Louisville hotelmarket has seen an increase in leisure travel associated with bourbon tourism, its nearby universities, and the Kentucky Derby. It is because of these large demand generators that the market has been able to recover most of its occupancy-based COVID-19 losses.
Hotel properties struggled under rising costs that outpaced revenue growth in 2024, challenging economic growth and job creation. Other top findings from the 2025 State of the Industry report include: Hotels supporting employees: Hotels are projected to pay employees a record of $128.47 billion in 2024. million people.
In the highly competitive landscape of the tourism industry, accommodation managers and property owners are constantly seeking innovative ways to maximize their revenue. By allowing early arrivals and late departures, you cater to the varying needs of travelers, making their stay more enjoyable.
Minor Hotels, a global hotel owner and operator with more than 550 properties in 56 countries, has successfully concluded a three-city India roadshow in Mumbai, Delhi and Ahmedabad introducing signature travel experiences to Indian travel agents.
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.
IHG® Hotels & Resorts, one of the world’s leading hotel companies with more than 6,000 hotels, across 18 distinct brands, has signed a Memorandum of Understanding (MOU) with the Saudi Tourism Authority (STA) at the Arabian TravelMarket 2023.
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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