Catégorie : Hotel & Hospitality
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No waning in leisure travel demand
Wyndham Hotels is seeing resilient demand for leisure and business travel despite economic uncertainty – even at the budget end of the market Oct 25, 2024 Wyndham’s third quarter results demonstrated the benefits of having a robust portfolio of economy and midscale hotels and resorts. During Thursday’s earnings call, President and CEO Geoff Ballotti expressed…
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Hotel direct booking rates are stabilizing, with mobile gaining market share
Direct bookings are above pre-pandemic levels but growing more slowly than expected, with mobile emerging as a key channel for reservations Oct 24, 2024 These are some of the key findings from H2c’s latest study, « The Hotel Direct Booking Acceleration, » to be released on October 30. The report explores the technologies and strategies that are…
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Global hotel rate increases expected to slow in 2025, according to Amex GBT
With prices set to moderate – at least, compared to the steep rises we’ve seen since 2022 – has global hospitality reached a turning point? Oct 23, 2024 The forecasts come from the American Express Global Business Travel (Amex GBT) consulting team, as detailed in their Hotel Monitor 2025 report. The report provides insights for…
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US hotels report mixed performance in September
Among the top 25 markets, New York City experienced the highest occupancy level (87.0%), driven by the United Nations General Assembly, Fashion Week, and the U.S. Open Oct 22, 2024 The U.S. hotel industry reported mixed performance results from the previous month, according to September 2024 data from CoStar. CoStar is a leading provider of…
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Top hospitality trends from 2024’s Lodging Conference
Hotel investment is up, experiential stays are in high demand, and extended stays remain a priority, but labor and technology challenges remain Oct 15, 2024 At The Lodging Conference in Phoenix last week, hospitality leaders – from CEOs and brand executives to industry consultants – expressed strong optimism about the future of the lodging industry.…
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OTAs get more visibility thanks to DMA
Europe’s Digital Markets Act (DMA) is changing the way users interact with hotels through Google, the dominant search engine in the EU Oct 14, 2024 Within the Google ecosystem, Hotel Ads has been hit the hardest, with a 33% drop in relative share. While some of this lost visibility has been absorbed by other Google…
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The GDS: A powerful yet overlooked hotel distribution channel
With leisure travel peaking worldwide, hoteliers are now focusing on the corporate segment to meet revenue goals and drive growth Oct 11, 2024 For hotels, the GDS (Global Distribution System) is a critical source of business travel, with approximately 80% of bookings being corporate and 20% leisure. According to Amex GBT, business travelers are nearly…
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Business travel maintains appeal among European professionals
Despite post-pandemic disruptions, business travel remains highly valued and seen as a « status symbol » among European professionals, according to an AirPlus study Oct 11, 2024 The study surveyed 543 business travelers in nine European countries (Austria, Belgium, France, Germany, Italy, Luxembourg, Netherlands, Switzerland and the UK) and found that more than half (51%) view business…
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Affluent Asian travelers to boost global travel industry
A new Expedia study highlights the growing Asian middle class, which is expected to reach 3.5 billion by 2030, representing two-thirds of the global middle class Oct 10, 2024 The study provides travel industry professionals with the context to better serve the increasing number of mass-affluent travellers from Asia and tailor offerings to their preferences.…
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Booking.com desktop prices can be up to 52% higher than mobile
A recent study reveals that Booking.com users could be paying significantly more depending on the device they use to make reservations Oct 8, 2024 An investigation by the UK’s Daily Mail found that room rates can vary by as much as 52% depending on whether a booking is made on a desktop or mobile device.…