Catégorie : Research

  • Hotel Engine reaches a $2.1 billion valuation, rebrands as Engine

    The company secured $140 million in Series C funding, raising its valuation from $1.3 billion to $2.1 billion Sep 19, 2024 With new investment secured, Hotel Engine is set to expand its offerings beyond hotels. In October, the Denver-based company will introduce flight and rental car booking capabilities to its platform, and will rebrand as…

  • Top travel trends according to advisors

    Travel trends for this year and next indicate that consumers are increasingly looking for more authentic and immersive experiences in their destinations Sep 19, 2024 Recent research by Virtuoso reveals a significant shift in travel priorities, with a growing emphasis on the emotional experience of travel rather than simply completing a checklist of activities. There…

  • The evolving role of experiences in travel

    An emerging recipe ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  New from McKinsey & Company   This email contains information about McKinsey’s research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and…

  • Travel Tech’s Startup Moment, Pt. 1: Modernizing the Hotel Stack

    By Gaurav Tuli and Betsy Mulé For a long time, early stage investors were wary of travel technology.  Because it’s an industry dominated by deep-pocketed Goliaths firmly entrenched within an intricate web of multi-decade commercial relationships. Companies like Sabre, Amadeus, and Opera/Oracle have comprised the industry’s vital infrastructure since the 1970s and 80s, while the…

  • Staying Cool: Helpful Hints From History

    Staying Cool: Helpful Hints From History

    The icon indicates free access to the linked research on JSTOR. In an episode of The Twilight Zone called “The Midnight Sun,” first broadcast in November 1961, the apocalyptic temperature of an Earth getting ever closer to the Sun is represented by a thermometer bursting at…130°F. On July 5, 2024, Palm Springs, California, reached 124°F,…

  • What are travelers looking for in a hotel?

    From research to post-stay, consumers are now expecting a smooth travel experience with tailored services for their needs Sep 18, 2024 Satisfying customers has become increasingly difficult in the competitive hospitality industry. Hotels and travel companies must contend with fierce competition while adapting to ever-increasing guest expectations. To succeed in this rapidly changing industry, leveraging…

  • New benchmarking scorecard for hotel marketers

    Cogwheel’s new Hotel Digital Marketing Benchmarking Scorecard enables hotels to measure their performance against key metrics from comparable properties Sep 18, 2024 The Benchmarking Scorecard uses state-of-the-art automation technology and integrates easily with our existing business intelligence and descriptive analytics systems. Cogwheel Analytics ensures accurate collection, normalization and analysis of all data, whether historical or…

  • Digitalization boosts productivity in hospitality

    The latest data from Mews suggests that as hotel technology becomes more embedded, staff continue to become more efficient Sep 18, 2024 The efficiency gains come as hotels have seen a 54% staff turnover during the summer months, a rise of 10% from last year. Additionally, 70% of hoteliers have also reported experiencing challenges when…

  • The evolving role of experiences in travel

    Today’s travelers don’t treat experiences as afterthoughts. Their travel decisions are increasingly based on specific activity interests Sep 18, 2024 Despite the enduring excitement about experiences and the large pool of value they represent, the travel industry has yet to crack the code on an approach that can simultaneously please travelers, make sense for experience…

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