Hotel Owner

AUGUST 7, 2023

Despite the cost-of-living crisis and economic uncertainty, the international hospitality and tourism industry is experiencing a surge in bookings as the summer season reaches its peak. An estimated 235 million tourists travelled internationally in the first three months of this year, more than double those in the same period of 2022.

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Travel and Tourism Training Front of House Accounting 95

Hotel Owner

NOVEMBER 4, 2022

Indicative of these collective headwinds, in the three months running up to June 2022, insolvencies across all sectors in England and Wales reached their highest level since the 2008/9 global financial crisis, according to the Office for National Statistics.

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Housekeeping Pricing Travel and Tourism Marketing 52

Revenue Hub

OCTOBER 20, 2023

In China, hotels experienced tremendous growth relative to 2022, while in the U.S. percent in 2022 to 6.8 Obviously, in 2022 there was really high ADR growth compared to pre-pandemic,” said Ladisova. “In Back when Covid started, we all thought the industry was dead and people weren’t going to travel.

Budgeting 99

Budgeting Travel and Tourism Pricing Article 99