OTA Insight, the global leader in cloud-based business intelligence, today released its mid-year report on the state of global hotel pricing. The report provides a comprehensive overview of global hotel room rates in H1 2023, revealing industry trends and setting the stage for the remainder of the year.
The US short term rental market has struggled to keep up with the rest of the world in 2023 according to half-year analysis by short term rental (STR) data specialist Key Data.
New data suggests that American tourists are increasingly exploring international destinations in 2023, contributing to a significant reshaping of the global travel map. Intriguing shifts in travel preferences are unfolding, with a marked increase in the desire for both traditional and fresh, unconventional destinations. Curious about these evolving trends and their potential impact on tourism? Dive into our latest Lybra Destination report for an insightful analysis.
Over two fifths of the UK’s hospitality businesses are operating at a loss, with the vast majority eyeing price increases during the next year, new research by Peckwater Brands has found.
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 that are leading the industry in meeting and event volume. Today the company announced the Chicago market led the U.S. meetings and events industry by volume for May for the second month in a row. Second place again went to Washington D.C., with Los Angeles/Long Beach in third. This data is a subset of Knowland’s sales intelligence platform designed to help hoteliers build and protect a hotel’s revenue base.
Avantio, a leading vacation rental property management software provider, was recently recognized as the Best Property Management System and the Best Channel Manager at the prestigious Shortyz Awards 2023. Over the past year, the company's outstanding growth, achievements, and commitment to excellence have solidified its position as a top player in the vacation rental software industry.
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.