SiteMinder

NOVEMBER 30, 2023

What are travel statistics? Travel statistics refer to data and information related to various aspects of the travel industry, such as travel trends, traveller behaviour, tourism spending, accommodation metrics, and more. Some highlights include: Air travel passengers are expected to reach 9.4

Travel 52

Travel Accommodation Tourism Hotels 52

Hotel Business

NOVEMBER 15, 2022

Today’s travelers have an unprecedented level of power when it comes to booking their trips online. With a simple search, millions of travelers can be connected to their choice of brands and experiences. Gaining a deeper understanding of the traveler experience. By Hari Nair. A marketplace in-step with guest experience .

Travel 132

Travel Cancellation Accommodation Intent 132

SiteMinder

FEBRUARY 13, 2023

SiteMinder’s new Hotel Booking Trends report, the only hotel commerce data analysis of more than 35,000 hotels and 450+ connected booking integrations, has revealed travellers booked their trips on average eight days earlier, and cancelled their bookings 17% less year-on-year in 2022, despite a 24% increase in the average daily hotel room rate.

Average Length of Stay 52

Average Length of Stay Average Daily Rate Travel Global Distribution System 52

STAAH

JULY 12, 2023

1) Stand out to travellers on Expedia Group sites with refundable rates Flexibility is a major priority for travellers today. Over a half of travellers who responded to a recent Expedia Group survey said they would not book non-refundable accommodation, even if it was discounted.* Read her story. Get started today!

Cancellation 79

Cancellation General Manager Travel Accommodation 79

Hotel Speak

MAY 25, 2023

But it’s an industry that never stays static; it evolves and adapts to the changing demands of travelers and the global scene. With an exciting future unfolding, this article aims to explore the trends and predictions shaping the future of travel and hospitality.

Travel 98

Travel Hospitality Operations Services 98

Hotel Speak

JANUARY 23, 2024

The dust has settled, the masks are tucked away (mostly), and the travel industry finds itself barreling into 2024, not quite a post-pandemic world, but one forever changed. Gone are the days of one-size-fits-all marketing. And competition intensifies – vacation rentals and alternative accommodations nibble at your market share.

Hospitality 88

Hospitality Cancellation Market Marketing 88

STAAH

DECEMBER 12, 2023

Here are 8 smart pricing strategies for hotels to boost revenue and drive more bookings during the holiday season The holiday season marks a period of increased travel, festive cheer, and heightened demand in the hospitality industry. Craft targeted marketing campaigns that resonate with specific audience segments.

Target Marketing 78

Target Marketing Cancellation Forecasting Revenue 78

SiteMinder

MARCH 13, 2024

A hotel booking app is an application or website that travellers use to book a stay at a hotel. Often travellers will use apps via their mobile devices to research, book, and pay for hotel accommodation. Travellers can spend up to 12 weeks researching their trip and may visit up to 38 websites before they complete a purchase.

Hotels 78

Hotels Accommodation Global Distribution System Travel 78

MediaBoom

APRIL 5, 2024

Did you know that nearly 70% of travelers turn to search engines when planning their trips. With this in mind, understanding the full impact of travel marketing has never been more essential. Travel marketing targets potential tourists by promoting unique destinations, accommodations, and services through digital channels.

Marketing Strategy 83

Marketing Strategy Market Marketing Travel 83

The Cosmos

JANUARY 11, 2023

Many people these days depend on tours and travel agencies. Travel agencies are of two types: online and offline travel agencies. Online travel agencies look super cool with their discounts to get things done quickly. Today, we are going to show you why these people do still prefer offline travel agents.

Travel 52

Travel Hotels Hotel Marketing Cancellation 52

SiteMinder

DECEMBER 4, 2023

Hotel industry statistics refer to data and metrics relating to hotels and other accommodations in the industry. Hotel statistics may include occupancy rates, revenue figures, guest statistics, cancellation rates, booking channel statistics and more. The average cancellation rate is 20%. s accommodation industry employs about 1.6

Occupancy 59

Occupancy Hotels Average Length of Stay Revenue 59

STAAH

NOVEMBER 15, 2022

Goodbye bland travel experiences. Modern travellers are redefining what hospitality looks like in 2023 and beyond. Hot off the press, Booking.com revealed what modern travellers are seeking – it’s not just another holiday. A large section of travellers are seeking to get away from the grips of technology and closer to nature.

Hospitality 84

Hospitality OTA Travel Upsell 84

SiteMinder

MAY 25, 2023

Additional data shows that over 80% of travel bookings are abandoned, compared to the general average of around 70%. The bottom line is that hotels can lose millions of dollars in revenue due to abandonment, especially when you also consider that guests may book a room before delaying payment, and then cancelling altogether.

Revenue 98

Revenue Cancellation Accommodation Hotels 98

STAAH

JUNE 6, 2023

A hotel booking engine is a crucial tool for hotels and accommodation providers in today’s time. If you are a smart hotelier or any type of accommodation provider, you would not want to miss the chance of converting your website visitors from an OTA (or any other source) and bag the commission-free direct bookings.

Cancellation 72

Cancellation OTA Global Distribution System Revenue 72

Little Hotelier

MARCH 10, 2024

A hotel competitor analysis allows your hotel or small accommodation to compare the strengths and weaknesses of your local peers with your own business, so you can work on being the most attractive option for visiting travellers. In today’s market, it’s important to use any data that you have at your disposal to make decisions.

Accommodation 52

Accommodation Hotels Services Market 52

SiteMinder

APRIL 17, 2024

This tool is designed to help hotels attract more attention and, subsequently, increase their booking potential by reaching a wider, more relevant audience actively looking for accommodation options. This includes opportunity reports, travel insights, and domestic trends. Table of contents Why try Agoda advertising?

Email Marketing 52

Email Marketing Market Marketing Travel 52

SiteMinder

FEBRUARY 28, 2023

Many parts of the world are excited about the prospect of travellers from mainland China returning to their shores but, while your hotel can certainly benefit from the opportunity, there are no simple answers when it comes to planning and preparing for this. It also allowed citizens to travel during the Lunar New Year celebrations.

Tourism 105

Tourism Travel Accommodation OTA 105

STAAH

MAY 30, 2023

With the rise of online travel sales and the influence of e-commerce and review sites, accommodation providers must adapt to the evolving distribution landscape. 4) Defining Target Audience: To make online distribution more efficient, it is essential to clearly define the target audience or market.

OTA 82

OTA Hotels Revenue Travel 82

Cloudbeds

JULY 27, 2023

This relatively new feature is available in eight main markets – the UK, Germany, Spain, Italy, Finland, Sweden, Ireland, and France. More markets are expected to be available soon. Travelers who click on your property’s link will be taken directly to the landing page you provide to complete the booking process.

Cost Per Click 52

Cost Per Click OTA Digital Marketing Accommodation 52

Travelboom Marketing

MARCH 12, 2024

This company, along with others like VRBO , keeps hoteliers on their toes as they continue to compete for occupancy in both top destinations and less-traveled locations. Traditionally, an Airbnb will cost more than a hotel based on the fact that there is more square footage to clean, and can accommodate more guests.

Hotels 52

Hotels Cancellation Digital Marketing Accommodation 52

SiteMinder

MAY 16, 2023

Table of contents Introduction from SiteMinder: The bleisure market and hotel booking trends Following the pandemic, the bleisure market changed from a growing niche to a mainstream source of bookings for accommodation providers. It’s also projected that by 2035 there will be a billion digital nomads travelling the globe.

Average Length of Stay 105

Average Length of Stay Occupancy Average Daily Rate Revenue 105

eZee Absolute

SEPTEMBER 22, 2023

They usually come with flexible booking and cancellation policies, allowing guests to make changes or cancel reservations without incurring significant penalties. Non-Refundable Rates: Non-refundable rates are typically lower than standard rates but come with stricter cancellation policies.

Revenue 52

Revenue Management Occupancy Revenue Management 52

Amadeus Hospitality

MAY 25, 2023

While recovery has largely been driven by domestic, leisure travelers, groups and corporate bookings are starting to return. and, “Will this be the year corporate travel returns?” Then partner with your marketing manager to understand who is engaging with your marketing channels (ads, social media, website, etc.)

Business 88

Business Sales Events Travel 88

Amadeus Hospitality

JUNE 20, 2023

Originally published to PhocusWire Exploring today’s traveler expectations as catalysts for change and how the hospitality industry can adapt in the coming years to deliver more seamless journeys Data paints a positive picture for the year ahead in the global hospitality market. Here’s how.

Hospitality 52

Hospitality Travel Occupancy Revenue 52

SiteMinder

SEPTEMBER 6, 2023

These bookings often occur due to sudden travel plans, business needs, or even whimsical decisions to take a quick getaway. Diverse clientele : Last-minute bookings attract a wide range of guests, from business travellers catching a late flight to spontaneous weekend adventurers.

Overbooking 98

Overbooking Occupancy Revenue Hotels 98

BCV

AUGUST 4, 2021

The first markets to rebound after the pandemic-related shutdowns were warm weather states and vacation destinations near urban centers. While eager leisure travelers begin to check-in once again, urban hotels are still missing two key cohort: corporate transient and corporate group. From corporate transient to bleisure and leisure.

Market 52

Market Marketing Intent ROI 52

Cloudbeds

MAY 15, 2024

But it also makes it more challenging to get travelers to book direct. It ensures a level playing field between direct and non-direct channels, such as GDS, online travel agents, and brick-and-mortar travel agencies, preventing one channel from dominating. There are two sides to the argument. What is rate parity?

OTA 52

OTA Hotels Revenue Management Revenue 52

SiteMinder

OCTOBER 15, 2023

Examples of booking channels include your own website, online travel agents like Booking.com, metasearch sites like Google, traditional travel agencies, global distribution systems (GDS), and more. These booking channels are a ticket to accessing the millions of travellers around the world who could potentially be your guest.

Global Distribution System 59

Global Distribution System OTA Revenue Hotels 59

eZee Absolute

JANUARY 9, 2023

Use social media marketing. If you have been thinking of targeting this group of travelers, then here are some of the benefits you would love to learn about: 1. This financial stability often translates to a higher willingness to pay for quality accommodations and amenities. Explore new markets.

OTA 52

OTA Hotels Accommodation Travel 52

Little Hotelier

AUGUST 7, 2023

Trip.com, formerly often referred to as CTrip, is China’s leading online travel agency (OTA). It’s a platform that offers a wide range of travel services, including hotel bookings, flight tickets, and vacation packages. Listing your property on Trip.com opens the door to China’s massive travel market.

Hotels 52

Hotels Travel Cancellation Management 52

Cloudbeds

NOVEMBER 8, 2023

Payments in the hospitality industry are notoriously slow to adapt to market trends, in part due to the nuances and complexities unique to the space. Hotels accommodate various payment methods , including credit cards, debit cards, cash, digital wallets, and more, something Marcus says “is a flexibility not as common in other industries.”

Management 98

Management Cancellation Operations Hotels 98

Little Hotelier

OCTOBER 11, 2023

For hoteliers, peak travel season is all about making hay while the sun shines. By positioning yourself as the first choice for your target guest, you can charge a higher rates for your rooms – which guests will be more willing to pay given they are competing against so many other travellers.

Maximum Length of Stay 52

Maximum Length of Stay Minimum Length of Stay Overbooking Occupancy 52

SiteMinder

JANUARY 8, 2024

This can involve the management of anything related to the hotel industry and requires knowledge of distribution strategy, finance and accounts, customer service, staff management, marketing, catering management, hotel administration and more. Alternate operations in hospitality often rely on the success of the travel and tourism sector.

Operations 59

Operations Management OTA Hotels 59

SiteMinder

OCTOBER 15, 2023

Dynamic pricing is a pricing strategy for hotels that involves changing room rates daily, or even within the day based on real-time market conditions. This pricing option is well suited in today’s market and is one many hoteliers opt to use. Why is dynamic pricing important for a hotel?

Occupancy 59

Occupancy Revenue Hotels Revenue Management 59

SiteMinder

SEPTEMBER 7, 2023

Reservation cancellation fees These are charged when guests cancel their bookings, especially if done at the last minute. Internet fees and telephone call surcharges While basic Wi-Fi might be complimentary, premium internet services or international calls can incur additional fees, catering to the needs of business travellers.

Revenue 105

Revenue Hotels Services Cancellation 105

eZee Absolute

OCTOBER 16, 2023

This eco-friendly haven has been a tranquil retreat for travelers seeking a perfect blend of serenity and comfort. The resort offers an array of luxurious accommodations, including spacious rooms with panoramic views and more than 46 private cottages ensconced within lush greenery. Since then, their journey has been uphill.

Resorts 52

Resorts Tourism Fair Share Operations 52

Travelboom Marketing

MAY 3, 2024

Google Travel Google Travel is a dedicated platform for trip planning. When searching for destinations, Google Travel prominently features a hotel section. This section displays listings powered by Google Hotel Ads, allowing potential guests to compare prices, view photos, and book their accommodation seamlessly.

OTA 52

OTA Hotels Branding Real Estate 52