Catégorie : Hotel & Hospitality

The OTA beat earnings estimates and raised its 2024 bookings forecast to 5%, driven by strong international travel demand Nov 11, 2024 Total gross bookings for the third quarter reached $27.5 billion, an increase of 7% year-on-year, with booked room nights increasing 9% to 97.4 million. Key takeaways Quarterly revenues increased 3% year-on-year to $4.06…

The announcement comes just days after Booking Holdings reported a 13.6% increase in operating expenses for the third quarter Nov 11, 2024 Booking Holdings said in an email that it is in the early stages of a review process and no final decisions have been made. « This proactive step, while difficult, is necessary to ensure…

In the third quarter, companies saw RevPAR growth driven by group business and strong conversion demand Nov 11, 2024 In the third quarter of 2024, hotel companies reported record pipeline growth, led by hotel conversions, while RevPAR increased due to strong demand for group travel and luxury hotels. Key takeaways Marriott International, Choice Hotels and…

Amadeus reports strong third quarter results with profitable double-digit growth for the first nine months of 2024 Nov 11, 2024 In Q3 2024, hotel companies reported record pipeline growth, led by hotel conversions, while RevPAR increased due to strong group travel and luxury hotel demand. Key takeaways Marriott International, Choice Hotels, and Wyndham Hotels &…

The company has reported gains across both its travel and hospitality solutions business units in the third quarter of 2024 Nov 6, 2024 Travel Solutions revenue rose by 3% to $691 million, driven by an uptick in air, hotel, and other travel bookings. Distribution revenue increased 5% to $551 million, supported by a rise in…

SynXis Insights gives hoteliers direct access to data for quicker decision-making and the implementation of revenue-generating strategies. Nov 5, 2024 SynXis Insights streamlines decision-making by providing a comprehensive view of SynXis reservation data, complete with pre-built visualizations and daily updates. This modern solution provides property and chain-level administrators with easy access to performance metrics, significantly…

Travelers booking eligible properties on Bing can earn rewards from both Expedia Group rewards programs and Microsoft Rewards Oct 31, 2024 Expedia Group is introducing its Rapid API technology for the first time in conjunction with its One Key travel rewards program. This integration provides Microsoft Bing users with a seamless booking experience, access to…

Recent research highlights the technologies and strategies shaping the future of direct bookings, such as AI-driven engines and mobile transactions Oct 31, 2024 As hotel chains around the world prioritize direct bookings, H2C, a leading hospitality consultancy, has released its 2024 Global Hotel Direct Booking Acceleration Study. Based on feedback from major hotel chains, the…

Hotels can be vulnerable to scams because there are so many ways that scams can operate, from fake booking websites to fraudulent credit card transactions Oct 29, 2024 Hotel scams are fraudulent schemes targeting both hotel guests and hotel businesses. These scams can take many forms, including fake booking websites that trick guests into paying…

Travel technology provider Serko will acquire Sabre’s online booking platform GetThere as part of a new partnership between the two companies Oct 29, 2024 The $12 million agreement allows New Zealand-based Serko to acquire the GetThere business, including the platform itself and certain related intellectual property. Key takeaways Serko intends to continue to operate and…