Étiquette : HospitalityToday
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Business travel survives the Zoom era
The headwinds that were expected to affect the recovery in global business travel last year did not materialize Apr 30, 2024 As the threat of recession remains unanswered and business leaders continue to extol the virtues of face-to-face work, there are signs that business spending is beginning to increase again. It seems that the floodgates,…
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Could the use of algorithms to set hotel rates become illegal?
Several class action lawsuits allege that simply having access to algorithmic pricing information constitutes illegal collaboration between business rivals Apr 30, 2024 Two recent « statements of interest » filed by the FTC/DOJ warn that, in their view, using a platform such as Rainmaker (now known as Cendyn Revenue Cloud for hotel rooms) or RealPage (for apartment…
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The impact of TripAdvisor reviews on hotel bookings
Research has shown that consumers rely on four common attributes when evaluating online reviews: usefulness, valence, volume, and timeliness Apr 30, 2024 Online reviews now play a crucial role in shaping people’s decisions when booking hotels. Different age groups are influenced by review characteristics in unique ways, making it advantageous to leverage this understanding for…
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How Indian travelers plan their holidays in 2024
Booking.com’s insights into India’s travel trends for 2024 offer a glimpse into how travelers are approaching travel planning. Apr 30, 2024 The majority of Indian travelers (61%) book their flights well in advance, and a significant proportion (37%) also purchase tickets for events well in advance. However, when it comes to other essentials such as…
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Concierge robots become a reality in the hospitality industry
A personal robot assistant is about to become a reality with the emergence of a new wave of technological advancements Apr 30, 2024 In an interview with Arab News during the event, Janet Adams, chief operating officer of global artificial intelligence company SingularityNET, shared details about a new humanoid robot expected to revolutionize the hospitality…
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Will reducing emissions impact corporate travel?
A growing number of companies have demonstrated that they can achieve their objectives seamlessly by substituting in-person meetings with video conferencing Apr 29, 2024 Corporations have once again initiated a shift in employee mobility, and it is only a matter of time before travel expenses return to 2019 levels. However, the landscape of corporate travel…
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Booking.com losing ground to other OTAs
D-Edge’s latest Hotel Distribution Report for 2024, an analysis of the past five years reveals some notable shifts in online booking behavior Apr 29, 2024 The report, based on data from nearly 5,000 independent hotels and small hotel groups in Europe and Asia, offers valuable insights for hoteliers adapting to the changing digital scene. It…
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Amex GBT identifies seven key business trends
We’re entering a new era of business travel, defined by sustainability, technology, and a focus on well-being Apr 29, 2024 From sustainable practices to cutting-edge technology, Amex GBT identified seven travel industry trends that are redefining the future of the travel industry and reshaping the business travel solutions your industry needs to support employees as…
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NH Hotel Group rebrands as Minor Hotels Europe & Americas
Minor Hotels Europe & Americas will operate under a single, recognisable brand, streamlining operations and enhancing global visibility Apr 29, 2024 In a move signifying a unified future, Minor Hotels has announced the rebranding of NH Hotel Group to Minor Hotels Europe & Americas. This follows a shareholder vote at NH Hotel Group’s annual general…
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AI top priority for travel tech stacks
Artificial intelligence (AI) investments are poised to account for a significant portion of travel company budgets Apr 29, 2024 Ahead of this year’s event, new data from TravelTech Show has revealed the key trends and priorities of travel companies. Most significantly, 62 per cent of travel buyer respondents said they expect their budgets to increase…