Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today reported operating results for its fiscal 2023 fourth quarter and full year ending March 31, 2023.
Travel across the Asia Pacific region (APAC) is well on its way to recovery, with growing travel demand across all markets as the industry approaches the second half of the year. Data from Amadeus’ Demand360® shows that in the first quarter of 2023 (January-March), the region saw a hotel of 61.7%, surpassing 2019 levels by 3%, thanks to the recent reopening of Greater China's border.
Tripadvisor®, the world's largest travel guidance platform, releases its latest Seasonal Travel Index, providing an outlook for global travel patterns and demand over the next three months. The Index includes top takeaways for the upcoming season, along with country-specific Tripadvisor demand data and insights from its latest traveler sentiment survey.
Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, continued its monthly monitoring of the top 25 markets to identify those markets that are leading the industry in meeting and event volume. Today the company announced that the Chicago market led the U.S. meetings and events industry by volume for April. Second place again went to Los Angeles-Long Beach, with Washington DC in third. The leading industry driver for meetings was National Associations, placing either first or second across the top five markets. This data is a subset of Knowland’s sales pipeline generation platform designed to help hoteliers build and protect a hotel’s revenue base.
RateGain Travel Technologies Limited (RateGain), a global provider of SaaS solutions for travel and hospitality, through its latest PULSE report powered by Adara, shared that the Middle East region will beat all other travel markets in the rate of recovery for travel demand In the upcoming quarter.
CoStar Group (NASDAQ: CSGP), a leading provider of online real estate marketplaces, information and analytics in the commercial and residential property markets, announced today the launch of STR Benchmarking, a transformational market share product for the global hotel industry. STR Benchmarking represents the next generation of STR, with the company’s hotel data benchmarking, analytics and marketplace insights integrated into CoStar’s industry-leading information, analytics, and data-driven news platform.
The Hotel Online Distribution Trends Report is an annual analysis of traveller online booking behaviour from D-EDGE Hospitality Solutions. This year’s report is based on data collected from 4,594 properties in Europe and 524 properties in Asia (excluding mainland China) comprising independent hotels and small to medium-sized hotel groups from 2019 through 2022, along with a preview of 2023 data.
Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced today that the Washington, DC-MD-VA market led the U.S. meetings and events industry by volume for March. Second place again went to Chicago, with Los Angeles-Long Beach in third. The leading industry driver for meetings was National Associations across four of the top five markets. This data is a subset of Knowland’s sales pipeline generation platform designed to help hoteliers build and protect a hotel’s revenue base.
Expedia Group Connectivity Partner Program was launched three years ago to ensure their lodging partners have the tools and services they need to perform at their best. The program recognizes and rewards top connectivity providers globally for maintaining high-quality connections and helping lodging partners grow their business on the Expedia Group marketplace.
Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced today that the San Diego market led the U.S. meetings and events industry by volume for February. Second place went to Chicago, with Dallas in third. The leading industry driver for meetings was Technology and Healthcare across four of the top five markets. This data is a subset of Knowland’s pipeline generation platform designed to help hoteliers build and protect a hotel’s booking base.
New analysis of more than 100 million reservations from SiteMinder, the world’s leading open hotel commerce platform, reveals global traveller confidence is reaching new heights post-pandemic, with booking behaviour trends from 2022 showing decreasing cancellation rates and increasing booking lead times, even with rising hotel room prices across key travel destinations.
Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, announced today that the Phoenix, Arizona market led the U.S. meetings and events industry by volume for January. Second place went to Orlando, with Washington DC taking third. The leading industry driver for meetings was Technology across four of the top five markets.
Duetto, the hospitality industry’s #1 Revenue Management Software (RMS), has announced the results of its second annual Trends & Predictions Survey.
Mews, the innovative hospitality cloud, has released its latest report examining hospitality’s performance and trends.
Agilysys, Inc. (NASDAQ: AGYS), a leading global provider of hospitality software solutions that deliver High Return Hospitality, today reported operating results for its fiscal 2023 third quarter and period ended December 31, 2022.
Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, released the quarterly update to its U.S. Meetings Recovery Forecast (MRF) and associated Top 25 U.S. Meetings Recovery Forecast (MRF25) realizing strong performance ending 2022 on a high note and shifting 2023 higher than the Q3 forecast. Click here to view the most current forecasts.
Laasie has reached its highest-ever market share, with a recording-setting year of sales, over 925 new property implementations, $200M in incentivized booking revenue, and over $16M in guest rewards value. Also fueling the hotel loyalty rewards innovator's continuous growth is the addition of 9 strategic new hires across product, operations, and sales. The company is already on pace to outperform projections in 2023.
Agilysys, Inc. (AGYS), a leading global provider of hospitality software solutions and services that deliver High Return Hospitality, announced today that it will release its fiscal 2023 third quarter results after the market closes on Tuesday, January 24th, 2023 and host a conference call and webcast at 4:30 p.m. ET that day. Both the call and webcast are open to the public.
2022 has been a good news story for the global travel industry. In times of disruption, the sector has been resilient, and accommodation businesses worldwide have continued to rebound.
Knowland, the world’s leading provider of data-as-a-service insights on meetings and events for hospitality, released its U.S. monthly meetings and events data for November, reporting that November 2022 achieved 103.1 percent of November 2019 volume, exceeding monthly pre-pandemic levels for the first time. Knowland reports November this year with 122.5 percent growth over November 2021. In line with native seasonality, November 2022 declined by 11 percent over October 2022.