InnQuest
MARCH 23, 2023
The contribution to GDP of the tourism industry on the whole is currently 1.6% (Statista). Other figures from Statista are as follows: Australia’s hotel segment specifically is forecasted to see revenues of US $6.75 According to Tourism Australia, there were 2.2 in 2023, with domestic travel increasing by 16.9%
SiteMinder
FEBRUARY 25, 2024
Table of contents Latest news in the hospitality industry A year of increased stability and growth At the beginning of 2023 the focus was firmly on growth, particularly given the effects of COVID on the travel sector over the preceding years. Almost one in five hotel rooms booked online are cancelled prior to travel.
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SiteMinder
DECEMBER 4, 2023
Table of contents Hotel statistics that matter in 2024 The travel industry is set for strong recovery in 2024 , which is good news for hoteliers, with some positive statistics already showing up. Online travel agencies make up the top two revenue generating positions in 79% of major destinations. Hotel occupancy will increase 2.5%
Boutique Hotel News
JANUARY 27, 2023
Z is for zero carbon Probably the biggest issue facing the real estate sector – and by extension travel and tourism – is reaching net zero carbon, both in construction and operationally. Having a period without travel has made people appreciate their holidays even more.”
Revenue Hub
JUNE 27, 2023
use their phones exclusively during the research phase of their travel. With billions of users globally on social media and travel review sites every day and the global revenue of travel apps estimated at close to $390.5 Nine out of 10 travelers today expect a personalized experience when they book a hotel.
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