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Songkran festival sparks 33% jump in Thailand’s hotel room rates: SiteMinder

SiteMinder

Furthermore, domestic travellers in April reached their highest levels since October of 2023. Domestic guests accounted for 23% of total check-ins, up from just 13% in January and February of this year.

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Surge in international arrivals sees Vietnamese hotels booked further ahead by 70%: SiteMinder

SiteMinder

International travellers, who typically book their travel further in advance than domestic guests, grew from 74% of all hotel arrivals in 2022, to 88% in 2023. We also know that travellers have become more open to spending money on extras to elevate their stay, but that increased prices are forcing them to adapt by opting for package deals.

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Accor reports Q3 RevPAR growth of 15%

Hotel Business

Third-quarter performance The Premium, Midscale and Economy division reported RevPAR up 15% compared with Q3 2022, two-thirds driven by prices. In France, which represents 44% of the region’s room revenue, business benefited from the increase in international leisure tourists to Paris, offsetting weaker domestic tourist numbers.

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UK hotel market recovery exceeds expectations in FY22

Hotel Owner

According to the latest UK Hotel Trading Performance Review 2022 by the property adviser, domestic leisure demand fuelled early recovery, and this was later supported by “robust” demand for business travel as well as flexible working trends generating new sources of demand. .

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Agoda Ads: Guide to advertising on Agoda

SiteMinder

This includes opportunity reports, travel insights, and domestic trends. Key functions include: Updating room availability, Adjusting pricing strategies, Accessing booking reports, and, Utilising marketing tools like Agoda ads to enhance visibility. Learn more What is the Agoda Partner Hub?

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Top Cocktail and Wine Trends

Modern Restaurant Management

Over the course of 111 days, Brian Masilionis, Director, On-Premise Commercial Strategy & National Accounts for Southern Glazer’s, led a team of its industry-leading mixologists to sample more than 400 drinks in 83 restaurants, bars and hotels, compiling their insights to discover emerging cocktail and wine trends across the U.S.

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Japanese Return to Travel: Strong Demand But Little For Europe

Revenue Hub

The recovery has actually been hampered by various factors , first and foremost the weakness of the yen, which has had a significant impact on travel prices, and then the rise in fuel prices, but the desire to return to travel has prevailed. Subscribe to our weekly newsletter and stay up to date. Where do all these Japanese want to go?

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