Hotel Owner

AUGUST 14, 2024

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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Boutique Hotel News

APRIL 21, 2023

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.

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Boutique Hotel News

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

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Revenue Hub

JANUARY 17, 2024

Surging ADR: Noteworthy Escalation in Average Daily Room Rates Average daily rate per room values, known as ADR, experienced a greater global growth in the last 3 years than in the last two decades prior to COVID-19 pandemic, resulting in the highest hotel prices since records began (Figure 1). Evolution of hotel room price from 2002 to 2023.

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Pricing Travel and Tourism Article Presentation 109

Travel Pulse Destinations

MARCH 6, 2023

Prices are through the roof as Chinese travelers flood the market again.

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Boutique Hotel News

NOVEMBER 16, 2022

Whilst the transaction value has not been disclosed, Dunstane Houses were marketed by Savills Scotland at a guide price of £7.5 Roseate Hotels & Resorts is committed to offer an outstanding stay and dining experience to its guests and look forward to contributing meaningfully to the vast repertoire of tourism in Scotland.”.

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Revenue Hub

JULY 7, 2023

Tourism is vital to Spain. The country’s natural attractions and cultural assets draw crowds from around the world – making many of its communities reliant on tourism. Pre-pandemic, Spain was the second-largest tourism destination in the world, drawing 84 million visitors in 2019 who brought over €92 billion in revenue.

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Revenue Hub

JUNE 21, 2024

It might be an impossible task to find a traveler who loves crowds and long lines. However, they’re part of the price that most tourists have to pay to visit some of the world’s most famous attractions, especially during peak times. But the pandemic threw a lot of this conventional travel wisdom out the window. In other words?

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InnQuest

NOVEMBER 30, 2022

The latest technological advancements are reshaping the travel and tourism industry globally at a rapid pace. Transparent Pricing: Easy-to-read statements, upfront pricing with no hidden fees. This is why we offer competitive pricing, without sacrificing quality or functionality in our software solutions.

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Revenue Hub

FEBRUARY 18, 2025

Here are some key segmentation criteria to consider: Reason for Travel Segmenting guests by the purpose of their trip provides valuable insights into their needs and preferences. For example: Business Travelers: Prioritize efficiency and convenience, seeking amenities like high-speed internet and meeting spaces.

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Hotel Owner

JUNE 14, 2023

Meanwhile, those who are heading overseas might be gasping at the price of their regular beach-side cocktail, due to a weak pound. In addition, what has been previously coined as ‘blended travel’ – mixing business with leisure and tagging on a few days of sightseeing to a business trip – is seeing a rise.

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InnQuest

AUGUST 24, 2022

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. . Amidst all of this, what once used to be strict “business-related travel” has now evolved progressively with a hint of “leisure and enjoyment”.

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InnQuest

JANUARY 5, 2023

2022 has left businesses in the tourism and hospitality industry with many important learnings, the most important one being – consumer preferences will be ever-evolving and the key to staying successful at all times is to prioritize guest experience. Book a demonstration of our award-wi nning hotel management software here.

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Hotelogix

JANUARY 19, 2025

Consider including: Detailed room descriptions Information about nearby attractions and activities Blog posts about local events and experiences Guest testimonials and experiences Off-Page SEO Strategies Building High-Quality Backlinks Obtain backlinks from reputable websites in the travel and hospitality industry.

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Larry Mogelonsky

MARCH 17, 2025

So, lets consider where AI and the latest longevity technologies will impact the spa, knowing that the megatrend overall is for travelers in all segments increasingly looking to stay healthy while abroad. Priced at $750USD for 2.5 Consider an example from a cutting-edge ultraluxury Hawaiian hotel, Sensei Lanai, a Four Seasons Resort.

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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. The advancement of self-booking tools means business travellers can easily browse options to make informed decisions that meet their requirements.

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Revenue Hub

OCTOBER 21, 2022

The travel sector in Europe is slowly but surely showing signs of recovery in the post-pandemic with Istanbul, Lisbon, and Madrid showing strong results. Travel recovery across Europe is set to continue in Q4 despite all the doom and gloom in the news about inflation, recession, oil prices and the war in Ukraine.

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Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

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SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

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eZee Absolute

DECEMBER 22, 2024

In this blog, well explore how hoteliers in India, especially in nearby cities like Varanasi, Gorakhpur, Chitrakoot, Lucknow, and Ayodhya, can prepare to accommodate the surge in travelers and capitalize on this once-in-a-lifetime event. billion) in economic activity, with a significant portion benefiting the hospitality and tourism sectors.

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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. Its wonderful to see the Songkran festival join other major festivals around the world in bringing significant tourism into the country.

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Revenue Hub

JANUARY 17, 2023

If you were hoping for certainty in 2023 after years of turbulence across the travel and hospitality industry, then you’re probably going to be disappointed. Well, it’s a surprisingly positive one for the travel consumer and industry. High inflation and its impact on consumer travel spending. The outlook?

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SiteMinder

SEPTEMBER 25, 2023

Big picture Humans are wired to travel. In recent years, time without its magic has only served to make it more valuable, meaning that while external forces may push us to adapt, travel can now never be compromised. Most (57%) intend to travel more. Only 9% intend to travel less.

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Revenue Hub

JUNE 21, 2024

Visit Group, a leading hospitality and travel tech provider, has partnered strategically with Atomize, a global hotel revenue management software frontrunner. This collaboration aims to create a next-generation and full-service AI-driven technology platform catering to the travel and hospitality sector worldwide.

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Hotelogix

JANUARY 16, 2024

With the construction of the Ram Mandir and the post-consecration ceremony on 22 January, Ayodhya is set to witness a transformation that will reshape the city's infrastructure, economy, and tourism industry. Hotels will also need technology to work with offline travel agents to get more bookings - especially group bookings.

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Modern Restaurant Management

NOVEMBER 10, 2021

It’s impacted almost every part of our lives, from how we work and shop to how we travel and entertain ourselves. Once the government’s ‘ one-way road to freedom ’ was announced earlier in the year, UK travel companies cited a huge surge in enquiries from people keen to holiday on home ground this summer.

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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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Hotel Business

APRIL 14, 2023

A total of 179 deals were announced in the global travel and tourism sector during the first quarter (Q1) of 2023, which is a 40.7% The post GlobalData: Q1 travel and tourism sector deal activity down 40.7% Deals volume fell sharply by 43.3% appeared first on hotelbusiness.com.

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InnQuest

JUNE 6, 2023

When it comes to the future of online travel agencies (OTAs) and their role in the hospitality industry, there are a few key trends and factors to consider. As technology continues to advance, the future of online travel agencies looks promising, with several key trends reshaping their role in the hospitality industry.

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Hotelogix

AUGUST 6, 2024

Dynamic pricing strategies: Move beyond static pricing and adopt dynamic pricing for rooms. Utilize data analytics to forecast demand accurately and adjust prices in real-time. Read Also: What is Dynamic Pricing in Hotels? Participate in travel trade shows and online travel forums to network and attract new guests.

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STAAH

JULY 2, 2024

The global music tourism market is set to grow at a CAGR of 8.5% in 2023 giving a boost to the hotel industry on the back of direct bookings , online hotel booking engines , online travel agencies (OTAs) , etc. A pricing system that responds to a spike in demand is essential for a hot owner to benefit from the increased demand.

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Hotel Owner

OCTOBER 11, 2022

In 2022 hospitality firms have a clean slate, with UK hotel prices forecast to rise by 8% in 2023, while London has seen a 26% increase in footfall across the past summer as the return of international travel and annual events, such as the Notting Hill Carnival, drew visitors back to the capital.

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Revenue Hub

MARCH 21, 2023

Subscribe to our weekly newsletter and stay up to date Unfortunately, there are few travel industry players that have employed this approach. Time passed and new technologies opened doors to the dynamic packaging world for online travel agencies (OTAs) , travel suppliers, and vacation planning tools. Dynamic pricing.

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Book Travel and Tourism Pricing Article 98

Hotel Owner

OCTOBER 9, 2023

in 2024, despite an expected softening of leisure travel demand, according to the latest annual hotel monitor from American Express. Amex data found that rates in more locations globally during 2024 are likely to continue to rise, despite an expected softening of leisure travel demand. Hotel rates in London are likely to increase 9.1%

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Revenue Hub

JANUARY 22, 2024

Customer feedback can be a key component to driving quality in the hospitality and tourism sectors.Here’s how four key players from these industries approach feedback to drive satisfaction and attract more visitors. Quality has become as important as price in influencing customer decisions and enhancing the overall experience.

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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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SiteMinder

FEBRUARY 14, 2024

What are tourism trends? Tourism trends reflect evolving patterns and preferences in travel, influenced by factors such as technological advancements, socio-economic shifts, and changing consumer behaviours. Table of contents Why keep up with new trends in tourism?

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