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AAA: 55.4M Americans expected to travel for Thanksgiving

Hotel Business

Holiday booking prices This holiday season, travelers are generally paying less for domestic trips compared to last year and more for international vacations. The one exception is airfare, which is slightly more expensive for domestic flights this season and a bit lower for international flights. from last year.

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A Deep Dive into Hotel Booking Sources

Revenue Hub

In the modern hospitality industry , hotels receive reservations from many places, online and off. The source of a reservation is known as its booking source, and all hotel booking sources fall into one of two primary categories: direct and indirect sources.

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How To Select The Right OTAs For Your Hotel - A Comprehensive Guide

Hotelogix

These platforms work like magic to spread the word about property, inventory, prices, offers, etc.   Benefits of Partnering With OTAs With about 40% to 50% of reservations being driven from OTAs, these online platforms have become crucial to every hotel's distribution strategy. Here’s a reality check!

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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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SiteMinder’s Hotel Booking Trends: New analysis of 100 million reservations shows surge in global traveller confidence for 2023

SiteMinder

Domestic booking channels captured a lower proportion of bookings overall, however there was a clear balance between traditional and niche booking channels across markets. days, while Mexican reservations were the longest year round, followed by those made to Portuguese, Thai and Spanish properties.

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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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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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