Hotel Business

OCTOBER 18, 2023

A total of 558 deals* were revealed in the travel and tourism sector globally during the first three quarters of 2023, which was a decline of 33% compared to the announcement of 833 deals during the same period in 2022, according to GlobalData, a data and analytics company. and 28.4%, respectively. and 28.4%, respectively.

Travel and Tourism 59

Travel and Tourism Marketing 59

Hotel Business

AUGUST 25, 2023

travel & tourism sector grew by 16.9% in 2022, to reach $2 trillion, according to WTTC’s Travel & Tourism Economic Impact 2023 Global Trends Report. billion in 2022. trillion in 2022, close to the $1.2 led, boasting the largest travel & tourism sector in the world, in both 2019 and 2022.

Travel and Tourism 52

Travel and Tourism 52

Boutique Hotel News

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

Travel and Tourism 130

Travel and Tourism Book Events Business Development 130

Revenue Hub

MARCH 10, 2023

As hospitality entered a new era of travel, we witnessed a continuous and encouraging recovery in 2022. NB: This is an article from TrustYou With travel restrictions being relaxed or even lifted completely, the pandemic was no longer a primary concern when planning and heading into a trip, at least in most regions.

Travel and Tourism 74

Travel and Tourism Article 74

Hotel Business

JULY 14, 2023

A total of 365 deals (mergers & acquisitions, private equity and venture financing deals) were announced in the travel and tourism sector globally during the first half of 2023, which was a decline of 38.8% and 30.4%, respectively, year-on-year (YoY) during H1 2023 compared to H1 2022. For instance, the U.S.,

Travel and Tourism 52

Travel and Tourism Accounting Marketing 52

Revenue Hub

JULY 7, 2023

Tourism is vital to Spain. The country’s natural attractions and cultural assets draw crowds from around the world – making many of its communities reliant on tourism. Pre-pandemic, Spain was the second-largest tourism destination in the world, drawing 84 million visitors in 2019 who brought over €92 billion in revenue.

Travel and Tourism 90

Travel and Tourism Article Accounting Pricing 90

Hotel Business

JANUARY 23, 2023

A new report by World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte, reveals a heightened appetite for sustainable tourism among consumers, with 69% of travelers actively seeking sustainable travel options. But 2023 is looking even better in terms of travelers’ spend.

Travel and Tourism 120

Travel and Tourism Budgeting Pricing Information 120

Hospitality Net

OCTOBER 18, 2023

A total of 558 deals* were announced in the travel and tourism sector globally during the first three quarters of 2023, which was a decline of 33% compared to the announcement of 833 deals during the same period in 2022, according to GlobalData, a leading data and analytics company.

Travel and Tourism 72

Travel and Tourism 72

Hotel Business

APRIL 14, 2023

A total of 179 deals were announced in the global travel and tourism sector during the first quarter (Q1) of 2023, which is a 40.7% decline compared to the announcement of 302 deals during the same period in 2022, according to GlobalData , a data and analytics company. Deals volume fell sharply by 43.3%

Travel and Tourism 52

Travel and Tourism Pricing Marketing 52

Hospitality Net

APRIL 12, 2023

The travel and tourism sector has become a prime focus for cyberattacks in recent times, resulting in ransomware incidents arising from data breaches.

Travel and Tourism 79

Travel and Tourism 79

Hotel Owner

FEBRUARY 22, 2023

Sustainable tourism is a term that means different things to different owners and operators in this fragmented tourism industry and therefore risks becoming meaningless if greenwashing is allowed to continue. Consumer consumption is excessive, and our carbonised lifestyle is pitted against a fragile environment.

Travel and Tourism 105

Travel and Tourism Accounting Training Budgeting 105

Hospitality Net

MARCH 1, 2024

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78

Travel and Tourism 73

Travel and Tourism Marketing 73

Hotel Business

DECEMBER 23, 2022

The Hospitality Sales & Marketing Association (HSMAI) has revealed its 20th class of the “best and brightest” in the hospitality industry with its list of the 2022 HSMAI Top 25 Extraordinary Minds in Sales, Marketing, Revenue Optimization and Distribution. The 2022 HSMAI Top 25 Extraordinary Minds: Hege V.

Travel and Tourism 72

Travel and Tourism Communication Marketing Book 72

Hospitality Net

JUNE 19, 2023

The travel and tourism industry has witnessed a massive 41% year-on-year (YoY) decline in deal activity from 475 deals announced during January-May 2022 to 282* during the first five of months of 2023, reveals GlobalData, a leading data and analytics company.

Travel and Tourism 65

Travel and Tourism 65

Travel Pulse Destinations

MAY 9, 2023

The Dominican Republic has become an international benchmark in the tourism sector, with the arrival of more than 8.5 million tourists in 2022.

105

105

Revenue Hub

FEBRUARY 29, 2024

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. billion in 2022, and is projected to be worth USD 3,023.78 billion in 2022, and is projected to be worth USD 3,023.78 billion by 2032.

Travel and Tourism 87

Travel and Tourism Article Marketing Events 87

STAAH

DECEMBER 6, 2022

It has been an interesting year, where the markets are back in action, Clearly, the tourism and hospitality industry got to see some positive growth. Bringing together some of the most trending articles, Here’s a mix of hospitality industry blogs from 2022 that our readers enjoyed the most. Are you familiar with it?

Blog 97

Blog Travel and Tourism Book Article 97

Hospitality Net

NOVEMBER 30, 2023

International tourism is on track to recover almost 90% of pre-pandemic levels by the end of this year. According to the latest data from the World Tourism Organization (UNWTO), an estimated 975 million tourists travelled internationally between January and September 2023, an increase of 38% on the same months of 2022.

Travel and Tourism 52

Travel and Tourism 52

Hotel Business

FEBRUARY 22, 2023

SiteMinder’s new Hotel Booking Trends report, a hotel commerce data analysis of more than 36,000 hotels and 450+ connected booking integrations, has revealed travelers booked their trips on average eight days earlier, and canceled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Travel and Tourism 102

Travel and Tourism Book Reservations Marketing 102

Hospitality Net

APRIL 14, 2023

A total of 179 deals* were announced in the global travel and tourism sector during the first quarter (Q1) of 2023, which is a 40.7% decline compared to the announcement of 302 deals during the same period in 2022, according to GlobalData, a leading data and analytics company.

Travel and Tourism 53

Travel and Tourism 53

Travel Pulse Destinations

FEBRUARY 9, 2023

The Bahamian destination of Nassau Paradise Island reported its full-year tourism figures for 2022, which reveal that it has more than fully recovered from the pandemic.

88

88

SiteMinder

JUNE 28, 2023

Bangkok, Thailand – New figures from SiteMinder, Meituan and the Tourism Authority of Thailand (TAT) reveal that over 1.3 million of the 11 million-plus international travellers to Thailand have this year arrived from China. SiteMinder, Meituan and the Tourism Authority of Thailand join forces at the JW Marriot Hotel in Bangkok.

Travel and Tourism 52

Travel and Tourism Catering Reservations Book 52

Hotel Business

NOVEMBER 29, 2023

domestic travel demand entered the fourth quarter on a slow note in October, continuing a pullback seen in September. In October, Omnitrak’s Travel Market Penetration Index edged downward to 98.7 2015=100), trailing October 2022 (99.1) and ahead of October 2022 (138.3) and ahead of October 2022 (138.3)

Travel and Tourism 64

Travel and Tourism Pricing Marketing 64

PhocusWire

DECEMBER 1, 2022

Industry experts are convening this week at the World Travel and Tourism Council’s Global Summit 2022 in Riyadh, Saudi Arabia.

Travel and Tourism 96

Travel and Tourism 96

Revenue Hub

MAY 26, 2023

Travel & Hospitality brands invest ample amounts towards digital marketing and on personalizing the online booking experience. Only 7% of the survey respondents stated that their destination for a recent trip was motivated by an influencer, according to our tourism market research. When do travelers plan their trips?

Book 82

Book Travel and Tourism Article Marketing 82

eZee Absolute

AUGUST 31, 2023

In a world where travellers are increasingly seeking authentic experiences, food tourism is becoming a major driving force in the hospitality industry. Travellers these days not only look for places to stay and eat. This trend reflects that many travellers now want to be a part of a place’s culture by enjoying its food.

Travel and Tourism 52

Travel and Tourism Catering Marketing Events 52

InnQuest

JULY 11, 2022

Recent times have seen modern, online marketing strategies revolutionize the landscape of the tourism and hospitality industry. Listed below are some of the most influential and profitable hotel marketing strategies for 2022 – . to capture the attention of your potential customers and engage them.

Marketing 130

Marketing Travel and Tourism Definition Book 130

Hospitality Net

MAY 3, 2024

From 2022 to 2032, the growth rate in the GCC’s tourism sector is projected to be 13.6% Accor is proud to have participated to the Future Hospitality Summit, which returned to Saudi Arabia this year, bringing together the Kingdom’s leading industry experts. with a potential market value of 65.5 billion USD.

Travel and Tourism 71

Travel and Tourism Marketing 71

Hospitality Net

FEBRUARY 29, 2024

The global luxury travel market is huge, not in the number of guests with substantial buying power but the astonishing level of buying power that these luxury travellers have. The global Luxury tourism market had an estimated total revenue of USD 1,308.15 billion in 2022, and is projected to be worth USD 3,023.78

Travel and Tourism 50

Travel and Tourism Marketing 50

Revenue Hub

MARCH 27, 2023

In 2019, China was the tourism market of the moment. NB: This is an article from Net Affinity Chinese tourists made up 220 billion in tourism revenue, (which was 20% of global tourism spend). Covid naturally undermined tourism demand. in 2022, and China’s growth may bounce slightly from 3.2% this year from 3.2%

Travel and Tourism 58

Travel and Tourism Article Marketing Communication 58

PhocusWire

DECEMBER 20, 2022

Phocuswright produces a broad range of research and analysis throughout the year on travel, tourism and hospitality. Catch up on the data, trends and forecasting that you missed from 2022.

Travel and Tourism 60

Travel and Tourism 60

Hospitality Net

JULY 26, 2023

Jordan has become a popular travel destination in the Middle East. It was ranked the sixth Arab country in the 2022 Travel and Tourism Development Index and listed within the top 10 tourist destinations in 2023 by the US Tour Operator Association.

Travel and Tourism 40

Travel and Tourism 40

Revenue Hub

NOVEMBER 24, 2022

While international travel recovery worldwide in Q4 tracks 30% below 2019 levels, the European continent overperforms the world average at -24%. Urban destinations, which were heavily affected by the Covid crisis, are now closing the gap with other forms of city tourism. NB: This is an article from ForwardKeys.

Travel and Tourism 66

Travel and Tourism Article Information Book 66

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.

Travel and Tourism 95

Travel and Tourism Training Front of House Accounting 95

Hotel Business

FEBRUARY 14, 2023

Global travel technology company OYO’s U.S. operations outpaced the budget hotel segment’s growth in RevPAR with an 18% rise in 2022 versus 2019. For OYO, the increase in demand in the region can be attributed to uptick in business travel, given the region’s proximity to the oil & gas hub. according to STR reports.

Travel and Tourism 52

Travel and Tourism Budgeting Book Marketing 52

Serviced Apartments

MAY 4, 2023

UK: The UK’s travel and tourism sector is expected to see a boost of more than £200 million as a result of King Charles III’s Coronation weekend [6-8 May] and fortnight around those dates, as consumers travel across the country to celebrate with friends and millions across the UK make the journey to London to catch a glimpse of the historic event.

Travel and Tourism 52

Travel and Tourism Book Events Business Development 52

SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

Travel and Tourism 105

Travel and Tourism Book Marketing Communication 105